Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Sunday, June 1
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Amberdata Secures $30M Series B Financing From Knollwood, Nasdaq, Nexo, and Others
Investment & Funding

Amberdata Secures $30M Series B Financing From Knollwood, Nasdaq, Nexo, and Others

Amberdata provides data and insights into blockchain networks, crypto markets, and decentralized finance (DeFi).
Ravi KumarBy Ravi KumarMay 4, 2022Updated:May 5, 2022No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Amberdata Secures $30M Series B Financing From Knollwood, Nasdaq, Nexo, and Others
Shawn Douglass, CEO at Amberdata.
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Amberdata, a crypto data startup, raises $30 Million in a Series B funding round led by Knollwood Investment Advisory.

Other participants in the Amberdata’s Series B funding round include Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase and Innovius alongside existing investors Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets, and Boldstart Ventures.

Amberdata has raised a total of $47 million in funding over 3 rounds. Last year, Amberdata raised $15 million Series A funding round led by Citi. It received $2 million in seed financing from venture capital firm HWVP in 2017.

Amberdata provides data and insights into blockchain networks, crypto markets, and decentralized finance (DeFi). This crypto market intelligence helps financial institutions in market research, trading, risk, analytics, reporting, and compliance. You can say that Amberdata serves as a critical piece of infrastructure for financial institutions entering the new asset class and participating in cryptocurrency markets.

The company said it would use the funds for product innovation and to expand globally to address the accelerating institutional adoption of digital assets.

Shawn Douglass, CEO at Amberdata, mentioned that the the rate of institutional adoption of crypto is truly astounding. “We’ve seen our revenue double in the first quarter of this year as the world’s largest financial institutions come to us for the critical data they need for research, trading, risk, analytics, reporting and compliance as they enter digital assets,” Shawn said.

“Amberdata is poised for massive growth and this financing will allow us to accelerate expansion of our worldwide go-to-market activities, scale our industry-leading data infrastructure, and build out our world-class customer success team.”

“It will also allow us to accelerate new product initiatives including expansion of DeFi depth and coverage, development of digital asset indices, and market intelligence and risk analytics applications.”

“It is our intent to extend our leadership and continue to define the category for institutional digital asset data and research applications.”

Amberdata claimed that it is the only digital asset data provider offering granular historical and real-time fundamental (on-chain), DeFi and market data, eliminating the need to source and integrate data from multiple vendors.

According to the company, leading financial institutions choose Amberdata as their trusted digital asset data partner to eliminate the infrastructure setup, integration challenges and maintenance headaches to access digital asset data, reducing cost and time to market for entering the asset class.

Tatiana Metodieva, CFA, Nexo Head of Corporate Finance and Investments, said:

“Institutional demand for digital assets has gone parabolic this market cycle, and Amberdata’s data analytics solution gives institutional investors the market intelligence they need to meet client and proprietary information needs.”

“Nexo Ventures’ mission is to accelerate the progression of the digital assets industry, and our investment in Amberdata will help build an informational bridge for institutional investors entering the market.”

Benjamin Blueweiss of Nasdaq Ventures, said:

“Nasdaq is pleased to support Amberdata as they deliver comprehensive, high-quality digital asset market data and blockchain analytics to the investment community. With digital assets and decentralized financial services gaining adoption, we are excited about future opportunities to partner with Amberdata to bring unique insights to a broader set of stakeholders.”

Read Also: Briya Raises $5.5M Seed Funding Led By Amiti Ventures

Amberdata Knollwood Investment Advisory Nasdaq Ventures Nexo Series B Funding
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Ravi Kumar
  • X (Twitter)
  • LinkedIn

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

More AlexaBlockchain

VOYA Games Raises $5M Co-led by 1kx, Makers Fund

May 21, 2025

Animoca Brands Invests in Astar to Boost Sony’s Web3 Entertainment Push

May 21, 2025

Antix Raises $8.2M to Launch Tokenized Digital Humans

May 14, 2025

SOL Strategies Inks $500M Deal with ATW Partners

April 23, 2025

RedotPay Raises $40M in Series A Funding Led by Lightspeed

March 17, 2025

YZi Labs Invests in Tensorplex Labs to Supercharge the Development of Decentralized AI

March 6, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.