Cloudburst completes $7 million Series A funding, led by Borderless Capital

ChainCatcher news, Cloudburst Technologies announced the completion of a $7 million Series A funding round to develop its off-chain crypto intelligence platform. This round was led by Borderless Capital, with additional support from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC, and In-Q-Tel.

This funding brings the company's total financing to $11 million since its establishment in 2022. The funds will be used to expand Cloudburst's artificial intelligence and data science teams, accelerate product development, and broaden its market reach to serve financial institutions, regulatory bodies, and crypto-native companies.