Alta Raises $47.5M for Blockchain Backed by Crypto Skeptic Jack Zhang

Compliance-Focused Blockchain: Alta Raises $47.5 Million

Alta says its blockchain combines transaction processing with compliance and privacy tools for banks and large companies. Index Ventures led the $47.5 million Series A, with Airwallex-linked investors also participating.

Alta raises $47.5M for blockchain backed by crypto skeptic Jack Zhang

Blockchain startup Alta has raised $47.5 million in a Series A funding round led by Index Ventures to develop payment infrastructure for banks and financial institutions, bringing its total funding to $80 million. According to the company’s November 10 announcement,…

Alta Raises $47.5 Million in Series A Led by Index Ventures

GV, Blackbird Ventures, Square Peg and Capital49 joined the round. Alta’s valuation was not disclosed.

Alta Raises $80 Million to Build the Infrastructure for Global Onchain Finance

Alta, a financial infrastructure company building the foundation for the next generation of global finance, today announced it has raised $80 million in total funding, including a $47.5 million Series A round and $32.5 million in previous seed financing. The Series A was led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, and Capital 49. Alta is building new institutional-grade blockchain infrastr…