Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
Fireblocks raises $550M for digital asset security
New York-based Fireblocks, a blockchain security provider for digital assets, raised $550 million in a funding round led by D1 Capital Partners and Spark Capital.
The financing sets a valuation of $8 billion for the 4-year-old company. The latest round brings total funding to date to $1 billion.
Fireblocks said it expanded rapidly last year, growing from 150 customers to more than 800, and surpassing $2 trillion in assets transferred.
— Joanna Glasner
SKIMS raises $240M, doubles valuation
SKIMS, the underwear and shapewear brand founded by Kim Kardashian, raised $240 million, Bloomberg reported Thursday. The new funding, led by Lone Pine Capital, doubles SKIMS’ valuation to $3.2 billion. SKIMS, which also sells clothing and lounge wear, is one of several underwear companies to raise money from investors recently. Brands like Savage X Fenty and Parade also brought in VC dollars in the past year.
–Sophia Kunthara
Enable Injections closes $215M Series C
Cincinnati-based Enable Injections raised a $215 million Series C financing led by Magnetar Capital. Founded in 2011, the developer of a drug delivery platform has now raised nearly $350 million, according to Crunchbase data.
— Chris Metinko
Domestika lands $110M
Domestika, a provider of online classes and communities for creators, raised $110 million in a Series D funding round led by Zeev Ventures at a valuation of $1.3 billion.
— Joanna Glasner
Funding rounds
CoinTracker picks up $100M: CoinTracker, a provider of portfolio and tax management tools for cryptocurrency investors, raised $100 million in a funding round led by Accel and joined by a long list of venture, strategic and individual investors.
— Joanna Glasner
Illustration: Dom Guzman
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