TechFlow News — Blockchain intelligence firm TRM Labs has raised $70 million in a Series B funding round led by Thoma Bravo. Other participants in this round include new investor Goldman Sachs and returning supporters PayPal Ventures, Amex Ventures, and Citi Ventures. TRM Labs will use the total capital of up to $130 million for product development and hiring.
Based in San Francisco, TRM Labs was founded in 2018 and has since expanded to the UK, Singapore, Australia, Brazil, and the United Arab Emirates. The company reports a 490% year-over-year revenue growth since launch and has grown its team from four to over 150 people.Source




