Elliptic raises mln

Elliptic said Monday it raised $5 million in Series A funding led by Paladin Capital Group. Also participating were Santander InnoVentures, KRW Schindler, Digital Currency Group, and existing investor, Octopus Ventures. London and New York-based Elliptic uses graph analysis and machine learning to identify illicit activity in blockchain transactions. PRESS RELEASE March 21, 2016 04:00 AM Eastern Daylight TimeLONDON–(BUSINESS WIRE)–Blockchain intelligence firm Elliptic today announced a $5 million Series A funding round led by Paladin Capital Group, with participation from Santander InnoVentures, KRW Schindler, Digital Currency Group, and existing investor, Octopus Ventures. Christopher Steed, Managing Director of Paladin Capital Group, will join Elliptic’s board of directors alongside Octopus Ventures, and Santander InnoVentures will join as a board observer. London and New York-based Elliptic uses graph analysis and machine learning to…


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