Chainalysis Secures $30M Investment Led by Accel to Pave Way for Next Wave of Cryptocurrency Growth

Funding Rounds

▤ Summary

NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, has secured a $30M Series B financing led by Accel. We look forward to supporting them across Europe, the U.S., and Asia," added Amit Kumar, partner at Accel and based in Palo Alto. The latest round of funding comes on the heels of Chainalysiss and launch of KYT for stablecoins-- pegged cryptocurrencies designed to decrease volatility and appeal to a broader audience of users-- that now have a total market cap of over $3B. "Chainalysis has seen significant traction over the past year, and we believe there is a steep growth trajectory ahead," said Sarah Tavel, General Partner at Benchmark and member of Chainalysiss Board of Directors. Atlassian, Braintree, Cloudera, Crowdstrike, DJI, DocuSign, Dropbox, Etsy, Facebook, Flipkart, Jet, Pillpack, Qualtrics, Slack, Spotify, Supercell, Tenable, Venmo and Vox Media are among the companies the firm has backed over the past 35+ years.

$ Funding

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Amount $30.0M Total raised
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Date February 12, 2019 Announcement date
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Investors Accel, Benchmark Lead investors
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Company https://chainalysis.com Funded company

▥ Classifications

industries
No industries detected
applications
Content Management

◇ AskAI Classifications

Labels
Blockchain Software Security Software SaaS

▦ Linked Companies

Chainalysis
$100M to $250M