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Blockchain Sleuthing Startup Chainalysis Raises $30 Million
Chainalysis, the cryptocurrency transaction analysis startup, has raised $30 million in Series B funding. The firm will use some of the funding to open a new office in London and a research-and-development lab in a bid to expand its presence in the U.K., where it has worked closely with the likes of Barclays, the High Street bank. The funding round suggests that investors are still putting their money into industry businesses despite the prolonged bear market in cryptocurrencies. The round was led by seasoned VC firm Accel and included additional investments from Benchmark, which led Chainalysis’ $16m Series A last ... (full story)