Today blockchain forensics firm TRM Labs announced it raised $14 million in a Series A led by Bessemer Venture Partners. PayPal Ventures and Salesforce Ventures also participated, along with several others.
The company tracks cryptocurrency fraud and financial crime through transaction monitoring and forensic analysis across more than a dozen different public blockchains. Clients include digital asset bank Anchorage and cryptocurrency exchange Binance.
“The team at TRM Labs is building an extraordinary company that is going to be critically important in helping financial institutions safely transition to a new financial system for the digital age,” said Ethan Kurzweil, Partner at Bessemer Venture Partners.
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