Amberdata raised funding to fuel growth as the leader in Blockchain and Cryptoasset data.
NEW YORK, Oct. 30, 2019 /PRNewswire-PRWeb/ -- Amberdata Inc., the leading blockchain and cryptoasset data company, has raised funding from several venture capital firms, including Fenbushi Capital, DF Capital, Rising Tide Fund, and HWVP. The new investment will fuel growth and bring industry insight and experience enabling Amberdata to further accelerate its position as the leading data provider of institutional-grade blockchain and cryptoasset data.
Founded in 2017, Amberdata's Platform and APIs provide on-chain data, analytics, smart contract and token activities, as well as market data across the top crypto exchanges. Today its customer base expands across custody providers, institutional crypto trading firms, asset managers, research and analytics companies.
"Blockchain enables open financial systems that radically decentralize value transfer and exchange," said Jun Hasegawa, founding partner of DF Capital. "Amberdata's Data Platform and API is the only offering that provides a comprehensive view of cryptoeconomics data." Jun, group CEO and founder of Omise Holdings since 2013, has invested in many blockchain pioneers, including Ethereum, Kyber Network, and Quantstamp.
"As an emerging asset class, cryptocurrencies are increasingly gaining interest from traditional financial institutions, who demand higher quality institutional-grade data. We share Amberdata's vision and have been impressed with the team's ability to execute. They are building the core data infrastructure that will underlay the next wave of open financial services and decentralized applications." said Remington Ong, Partner at Fenbushi Capital. With its experienced partners and powerful resources in both traditional finance and blockchain industry, Fenbushi Capital has invested in over 60 high-quality blockchain projects worldwide, aiming to bring more transparency, efficiency, and robustness into the global economy.
Amberdata is the leading data company for blockchain and cryptoasset market data. Combining validated blockchain and crypto market data from the top exchanges into a unified platform and API, Amberdata enables customers to build data-powered applications to develop and maintain an edge over their competition. Amberdata was founded in 2017 and is headquartered in Palo Alto, CA. For more information, please visit https://amberdata.io
About Fenbushi Capital
Fenbushi Capital is the first and most active blockchain-focused venture capital firm in Asia. Founded in Shanghai in 2015 by veterans across both blockchain and traditional financial industries, it has to date supported over 60 leading projects across 4 continents leveraging blockchain technology to reshape myriad industries such as finance, healthcare, supply chain, and consumer goods. Fenbushi's mission is to drive healthy and sustainable growth in the global blockchain ecosystem, and actively works as a long-term strategic partner to its portfolio projects. For more information, please visit http://fenbushi.vc