Newly formed Truffle Blockchain Group quietly spun off from the troubled ethereum incubator ConsenSys earlier this year, creating the most widely used ethereum developer tools. Now, Forbes reports that the blockchain group raised $3 million to expand into enterprise-grade solutions.

Truffle announced on Monday that it is the first company to integrate with AxCore, a proprietary blockchain created by Goldman Sachs and JPMorgan-backed Axoni, and scheduled to begin processing $10 trillion worth of transactions annually for the DTCC’s Trade Information Warehouse later this year.

“Enterprise adoption is finally happening because the maturity of our space is finally advancing to a level where enterprises can capitalize,” says Wes McVay, vice president of partnerships at Truffle. “Not only that, but they have the funds to invest into making this the experience that it should be, the technology that it should be.”

The fundraising round closed in February, while ConsenSys was its sole investor. ConsenSys founder Joe Lubin will join as a board member as part of the investment. Truffle employs 22 people in the U.S. and Canada and plans to use the money to finish an enterprise-grade suite of blockchain development tools later this year and onboard its first enterprise clients.

“This capital is to give us the runway to test out all of these other revenue-generating opportunities,” says Truffle founder and CEO Tim Coulter. Developer downloads od Truffle began increased in January 2018 as the price of ethereum peaked at $1,300. It reached 115,890 downloads in January 2019, with an overall total of 1.7 million downloads.

Though Truffle wouldn’t disclose precise numbers, McVay says that 60% of the company’s revenue comes from consulting with startups, large corporations and governments who want to use Truffle. Meanwhile, nearly 35% of the company’s revenue comes from Truffle University, launched in 2018 to train existing developers to build on ethereum.