Thoma Bravo led a $70m Series B funding round in TRM Labs.

Thoma Bravo, an American private equity and growth capital firm, led a $70m Series B funding round in TRM Labs, a blockchain intelligence company, with participation from Goldman Sachs, Brevan Howard, Geodesic Capital, and CMT Digital, B Capital, PayPal Ventures, Citi Ventures, Marshall Wace, Amex Ventures, DRW Venture Capital, Alumni Ventures, and Bessemer Venture Partners. “Demand has never been stronger for solutions that help protect crypto users, impede illicit actors, and support blockchain-based innovation. As the industry continues to mature, TRM is setting the standard for data, products, and training that equip enterprises and governments to combat fraud and financial crime, even as new threats emerge,” Esteban Castaño, TRM co-founder and CEO.