Elliptic raises $60M to advance crypto analytics service By

Cryptocurrency risk management firm Elliptic has announced a $60 million Series C funding round led by Evolution Equity Partners and supported by a panoply of venture capital firms including SoftBank Vision Fund 2, as well as existing investors AlbionVC, Digital Currency Group, Wells Fargo (NYSE:) Strategic Capital and SBI Group, amongst others.

Elliptic’s history of funding charts a consistent increase, with their debut funding raise in 2016 totaling $5 million, while their second raise across late 2019 to early 2020 resulted in an additional $28 million.