Cloudburst Technologies has successfully raised $7 million in a Series A funding round to advance its off-chain crypto intelligence platform. Led by Borderless Capital, the funding round also saw participation from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC, and In-Q-Tel, bringing Cloudburst's total funding to $11 million since its inception in 2022. The new capital will be used to bolster Cloudburst's artificial intelligence and data science teams, accelerate product development, and expand its market presence among financial institutions, regulators, and crypto-native businesses. The platform specializes in analyzing off-chain data sources, such as chatrooms and regulatory filings, to detect fraudulent networks and emerging threats, providing real-time intelligence to regulators, law enforcement, exchanges, and investors.
Cloudburst Secures $7 Million to Enhance Crypto Intelligence Platform
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