New York City-based technology and data provider Libra, announced the close of a $15 million Series B funding round. The funding was led by its previous lead investor, a prominent, multi-billion dollar European family office, with continued participation from Series A investors, including Liberty City Ventures. Libra’s total funding now totals $24.8 million.
“Libra’s mission is to provide a system of record that allows institutions with crypto transactions to meet the reporting requirements of managers, investors, auditors and regulators,” Jake Benson, Founder and CEO of Libra said. “We are very excited our investors have affirmed their continued support for Libra with their contribution to our Series B raise. Their commitment allows us to expand our customer offerings, grow our team and increase our customer base.”
Libra is a leading blockchain-native technology company focused on transforming crypto transactional data into operational and audit-ready financial information for institutions. The company plans to use its new funding to continue building out its core product, the Libra Crypto Office platform, as well as support the release of new products and services later this year.