PayPal, Salesforce contribute to TRM Labs’ $14M investment round
Cointelegraph
Published Jun 17, 2021 10:00AM ET
Updated Jun 17, 2021 12:00PM ET
Blockchain intelligence platform TRM Labs has secured $14 million in Series A funding from venture funds across the crypto and technology sectors, sending a strong signal that major investors are backing digital-asset projects with ever-growing conviction.
The venture capital arms of PayPal and Salesforce (NYSE:CRM) contributed to the raise, which was led by Bessemer Venture Partners, a VC with 130 IPOs under its belt. The full list of investors includes Initialized Capital, Jump Capital, Operator Partners, Blockchain Capital and executives from Google-parent Alphabet (NASDAQ:GOOGL) Inc.
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Written By: Cointelegraph
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