Eclipse Labs Founder Somani Steps Down as Executive Chairman, Shifts Focus to Machine Learning
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 29 2025- Leadership Transition: Neel Somani, founder of Eclipse Labs, stepped down as Executive Chairman effective October 2025, marking a complete transfer of governance authority to the current executive team, which aims to enhance decision-making efficiency amid increasing market competition.
- Strategic Focus: After multiple strategic shifts, Eclipse has decided to concentrate on developing a single application rather than expanding its infrastructure, reflecting a reassessment of market demands that could enhance user retention and market share.
- Funding Background: Eclipse raised $50 million in a Series A funding round in early 2024, with Somani transitioning to Executive Chairman, indicating a new phase in capital operations and governance structure that bolsters external investor confidence.
- Future Outlook: Somani's departure clarifies management authority as Eclipse plans to disclose more details about its flagship application in the coming months, demonstrating the company's firm commitment to product development.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
