Amberdata, a Palo Alto, CA-based leading provider of digital asset data, announced that it raised $30 Million in a Series B funding round led by Knollwood Investment Advisory.
Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase, and Innovius participated in the capital raise alongside existing investors Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets, and Boldstart Ventures.
This financing will fund product innovation and expand go-to-market in the United States and internationally to address the accelerating institutional adoption of digital assets.
Company: Amberdata Inc.
Raised: $30.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Knollwood Investment Advisory
Additional Investors: Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase, Innovius Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets, and Boldstart Ventures
Company Website: https://www.amberdata.io/
Software Category: Blockchain and Crypto asset data
About the Company: Founded in 2017, Amberdata is the leading provider of digital asset data. deliver comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance, empowering financial institutions with data for research, trading, risk, analytics, reporting, and compliance. Amberdata serves as a critical piece of infrastructure for financial institutions entering the asset class and participating in digital asset markets. The platform powers financial institutions with data for research, trading, risk, analytics, reporting, and compliance. It serves as a critical piece of infrastructure for investors entering the asset class and participating in digital asset markets.
Source: https://blog.amberdata.io/amberdata-raises-30m-series-b?utm_content=206173526&utm_medium=social&utm_source=linkedin&hss_channel=lcp-11254146