The Graph Foundation announces a $48 Million funding grant for open-source API platform The Guild. The goal is to increase usability, performance and accessibility of subgraphs within the network.

Joining as a core network developer, The Guild will provide vast experience from its time managing and contributing to the growth of components within the GraphQL ecosystem — a programming language initially established by Meta, formerly Facebook (NASDAQ:), in 2012 — to focus on enhancing subgraphs features such as “composition, analytics and mutations” on The Graph.