Chainalysis, a NYC-based blockchain data platform, raised $170m in Series F financing.
The round, which brought its valuation to $8.6 billion, was led by GIC, with participation from previous investors Accel, Blackstone, Dragoneer, and FundersClub, the Bank of New York Mellon and Emergence Capital.
The company intends to use the funds to continue to invest in product innovation and scale its global operations.
Led by Michael Gronager, Co-founder and CEO, Chainalysis is a SaaS blockchain data platform that provides data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Its data powers investigation, compliance, and market intelligence software has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely.
The company now has over 700 employees.