Blockchain Initiatives
Libra

Blockchain services provider Libra raises $7.8M in Series A funding

Burgess COMMENTARY

Peter Burgess

Blockchain services provider Libra raises $7.8M in Series A funding By Libra, which makes financial software for the blockchain and cryptocurrency industry, has raised a $7.8 million Series A round led by an undisclosed European investor. The funding will be used to continue building the Libra Enterprise Platform, which provides blockchain and cryptocurrency connectivity, standardization and delivery of data. Libra also plans to release new applications and data services that will provide automated accounting, audit, and tax processing and reporting capabilities. White Paper Metrics that matter There are countless ways to manipulate data and come up with inferences that we may define as a “metric” … PARTNER INSIGHTS SPONSOR CONTENT FROM: NetSuite Accounting November 1 Libra was founded in 2014, and recently relocated to New York City from San Francisco to focus on customer sales and implementations. “Libra’s vision is to be the premier provider of next generation accounting, audit, and tax software and data services for the blockchain and cryptocurrency industry,” said Libra CEO Jake Benson in a statement. In addition to the current round, the company previously raised $2 million in seed funding, led by Liberty City Ventures and Fenbushi Capital, bringing the company’s total capital raised to nearly $10 million since inception. Ranica Arrowsmith Ranica Arrowsmith Ranica Arrowsmith is technology editor for Accounting Today. More from this Author BlackLine updates software, partners with KPMG Case Studies: Client accounting services in 2017 Centage CEO Barry Clapp dies at 66