Who funded fireblocks?

Fireblocks is funded by 32 investors. BAM Elevate and BAM Elevate are the most recent investors. Fireblocks has acquired 3 organizations. Their most recent acquisition was Blockfold on Sep 28, 2023. They acquired Blockfold for $10M. in funding over 6 rounds. Their latest funding was raised on Jan 1, 2023 from a Venture - Series Unknown round.

What will fireblocks do with its funds?

The company will also use the funds to increase its engineering and customer success operations and expand geographically, particularly in the Asia-Pacific region. “Fireblocks provides the most secure and flexible platform for a wide range of customer needs,” said Sequoia’s Gupta.

How much did fireblocks raise in February?

In February, the New York-based startup at a $700 million valuation. The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. And as for Fireblocks’ valuation boost, the growth correlates with its increase in customers and ARR this year, according to CEO and co-founder Michael Shaulov.

Who is fireblocks & FIS?

Institutionally-focused crypto custodian servicing BNY Mellon and popular decentralized finance applications Compound Treasury and Aave Arc. In April 2022, Fireblocks partnered with payments giant FIS to provide its more than 6,000 capital markets clients access to crypto trading and lending services.