Elliptic raises $5M in Series A funding

Investing | March 22, 2016 By:

Elliptic announced it has raised $5 million in a Series A funding round led by Paladin Capital Group.

Santander InnoVentures, KRW Schindler, Digital Currency Group and previous investor Octopus also participated in the round.

“Our new investors bring deep expertise in law enforcement, international financial services, and blockchain technology and we are excited to work with them on our next phase of growth. We have already been able to expand operations to the US and will continue to extend our portfolio of products,” said Elliptic CEO and co-founder Dr. James Smith.

Elliptic is London-based blockchain intelligence firm.