Libra, a NYC-based provider of middle and back office technology and data services for the crypto asset ecosystem, closed a $15m Series B funding round.
The round – which brings Libra’s total funding to $24.8 million – was led by its previous lead investor, a prominent, multi-billion dollar European family office, with participation from Series A investors, including Liberty City Ventures.
The company intends to use the funds to continue building out its core product, the Libra Crypto Office platform, expand its customer offerings, grow the team and increase the customer base.
Founded in 2014 by Jake Benson, CEO, Libra is a blockchain-native technology company that provides a system of record that automates and optimizes accounting, audit and tax processes for funds, fund administrators, exchanges, trading operations and enterprises. The company’s solutions ensure real-time visibility to crypto transaction activity and holdings for institutions that require secure reporting, compliance and control solutions.