Crypto Intelligence Firm, Chainalysis

New York-based crypto-tracker Chainalysis has recently raised $16 million in a Series A funding round from Benchmark Capital.

Founded in 2014, Chainalysis provides financial institutions, cryptocurrency exchanges, and government with a platform to prevent, detect, and investigate cryptocurrency money laundering, fraud, and compliance violations. It has signed contracts with a number of government agencies, including the Federal Bureau of Investigation (FBI), the Internal Revenue Service (IRS), the Securities and Exchange Commission (SEC), and the Drug Enforcement Agency (DFA), among others.

In 2014, investigators used Reactor to help track funds when Japanese exchange Mt. Gox disclosed that bitcoins valued at hundreds of millions of dollars had gone missing. The company said the software helped bring about at least one arrest.

Read more at:
http://blocktribune.com/crypto-intelligence-firm-chainalysis-raises-16m-usd-in-funding/

or see:

https://www.chainalysis.com/