Blockchain analytics firm Chainalysis has raised $100 million via a Series D funding round, propelling its valuation above $2 billion, the company announced in a press release today.
“What we see right now is that the market is growing and that some often traditional players are embracing crypto in a way that we haven’t seen before,” Chainalysis CEO Michael Gronager told CNBC.
We’re excited to announce that we’ve raised a $100M Series D at a $2B+ valuation to fuel our continued growth! @Paradigm led the round, with participation from TIME Ventures, investment firm of @Benioff, and previous investors Addition and @RibbitCapital. https://t.co/8JEQ0jhtAa pic.twitter.com/zNieAmJmcD
— Chainalysis (@chainalysis) March 26, 2021
The funding round was led by investment firm Paradigm, with participation from TIME Ventures, the investment fund led by Salesforce CEO Marc Benioff. Additionally, two of Chainalysis’s previous investors—Addition and Ribbit—have increased their investme
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