The recent investment round was led by GIC, Singapore’s sovereign wealth fund. The existing investors, including Accel, Blackstone, Dragoneer, and FundersClub expanded their investment in the blockchain data platform. Bank of New York Mellon and Emergence Capital also joined the funding round.
With a valuation of USD 8.6 billion, Chainalysis has now become one of the largest enterprise SaaS companies in the cryptocurrency industry. The company is planning to enhance product innovation through recent funding.
While Chainalysis is planning to use funds to accelerate its expansion, it highlighted the latest developments in its strategic goals. Over the past 12 months, the blockchain company raised its customer count by almost 75%. During the same period, Chainalysis hired more than 450 people.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.