Blockchain data analytics firm Allium completes $40 million Series B funding, led by Amplify Partners

CoinFeed June 23 news, according to Fortune, blockchain data analytics company Allium announced the completion of a $40 million Series B funding round, led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures, among others. The valuation was not disclosed. Allium cleans and structures on-chain data, providing services to institutions such as a16z crypto and Coinbase, and its data is cited by Visa and the Federal Reserve. The company was founded in 2021 by Ethan Chan and Cheng Han Lee and currently has about 50 employees.