Thoma Bravo leads $70M fundraise for blockchain intelligence firm TRM Labs

2022/11/09 14:27

According to CoinDesk, blockchain intelligence firm TRM Labs has raised $70 million in a Series B extension round led by Thoma Bravo, a private equity firm with $122 billion in assets under management. TRM Labs will use the capital, which brought total funding up to $130 million, toward product development and hiring.

Other participants in the round included new investor Goldman Sachs and returning backers PayPal Ventures, Amex Ventures and Citi Ventures among others.

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