Chainalysis, the blockchain data platform, has secured a USD100 million Series E financing led by Coatue, bringing its valuation to USD4.2 billion. Previous investors Benchmark, Accel, Addition, Dragoneer, Durable Capital Partners, and 9Yards Capital increased their investment in the company, and Altimeter, Blackstone, GIC, Pictet, Sequoia Heritage, and SVB Capital also participated.

Chainalysis’s Series E financing follows its USD100 million Series D round in March 2021, bringing the total amount raised to USD365 million. Since then, the company has added industry veterans to its  leadership team  including Chief Product Officer Pratima Arora, who joins from Atlassian where she was Head of Confluence product line; General Counsel Sarah Ward, who was previously General Counsel for SiSense; and Director of Cyber Intelligence Rob Bone, who joins after a 20 year career in the FBI, most recently as Special Agent in Charge Los Angeles where he was Appointed by the FBI Director to lead all counterintelligence and cyber investigations in Southern California.

Chainalysis is hiring hundreds of new positions across all functions to continue its global expansion.

Read more at Private Equity Wire