Amberdata, a Palo Alto, California-based digital asset data company, raised $15 million Series A led by Citi.
Franklin Templeton, Galaxy Digital, Rovida Kruptos Assets, and executives at GoldenTree Asset Management also participated in the capital raise. They are joined by HWVP who previously led Amberdata's Series Seed.
Amberdata will use the funds to double R&D headcount and expand go-to-market both in the United States and internationally.
Company: Amberdata, Inc.
Raised: $15.0M
Round: Series A
Funding Month: September 2021
Lead Investors: Citi
Additional Investors: Franklin Templeton, Galaxy Digital, Rovida Kruptos Assets, executives at GoldenTree Asset Management and HWVP
Company Website: https://amberdata.io/
Software Category: Blockchain
About the Company: Amberdata delivers comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance. Founded in 2017, Amberdata analyzes over 8 million blockchain network transactions and more than $500 Billion in trading activities daily. 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. Institutional customers can easily integrate real-time and historical data and metrics via FIX, REST, WebSockets, and RPC and gain access to reference rates, Indexes, and analytics.
Source: https://www.prnewswire.com/news-releases/amberdata-raises-15m-series-a-led-by-citi-301375605.html