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Elliptic raises $60M to advance crypto analytics service By Cointelegraph

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Elliptic, a cryptocurrency risk management company, has announced that it raised $60 million in Series C financing. It was led by Evolution Equity Partners, supported by existing investors AlbionVC and Digital Currency Group. Wells Fargo (NYSE:) Strategic Capital, SBI Group and other.

Elliptic has a long history of increasing funding. Their first funding round in 2016 was $5 million. The second funding round took place from late 2019 to early 2020. This resulted is an additional $28million