Chainbase, a blockchain data network developer, has raised $15 million in a Series A funding round.

Tencent Investment Group and Matrix Partners China co-led the round, Chainbase said Thursday. Other investors included Folius Ventures, Hash Global, JSquare, Mask Network and Bodl Ventures.

The round was structured as equity with token warrants and closed in the fourth quarter of last year, Chainbase co-founder and chief operating officer Chris Feng told The Block. He declined to comment on the valuation.

As part of the deal, Tencent Investment Group and Matrix Partners China have each received a board seat at Chainbase, Feng said. The round brings Chainbase's total funding to $18 million, following a previous $3 million raised in seed and angel rounds, Feng added.

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