New York based cyrptocurrency forensic intelligence platform has raised $16m in Series A capital from Benchmark. This is the first bet that Benchmark has made in the space since its 2014 investment in Pantera Capital.
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Benchmark just funded Chainalysis, the crypto intelligence company that helped solved the Mt Gox cas
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That may well change with Benchmark’s newest general partner, Sarah Tavel, who led the deal in Chainalysis and has joined its board. Tavel has been tracking the industry for several years, including as a VC at her prior firm, Greylock, and it’s a “space I continue to spend time in. “There will be some short-term noise and pain, but I long term believe in it,” she says.
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