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Announced

Completed

CB Insights completed the acquisition of Blockdata.

Synopsis

CB Insights, a private company with a business analytics platform and global database that provides market intelligence on private companies and investor activities, completed the acquisition of Blockdata, which provides differentiated data and predictive insights on the growing but increasingly complex blockchain and distributed ledger technology ecosystem. Financial terms were not disclosed. "We are incredibly happy to have the Blockdata team join us at this turning point for the DLT space. In the last 8 months, we have seen customer activity around the blockchain accelerate dramatically. It's gone from something that was considered possible or probable to something that is now practical. As clients think about how to employ blockchain technology to drive growth or improve operations, we're excited to equip them with the intelligence they need to make decisions more quickly and confidently," Anand Sanwal, CB Insights CEO and Co-Founder.

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