September 4, 2019 Elliptic, a blockchain analytics firm, raises $23 million in Series B funding.

Akin to Chainalysis, Elliptic offers crypto-exchanges, financial institutions with compliance needs, and regulating entities software tools for performing and documenting AML compliance, through tracing transactions, uncovering relationships, and identifying high-risk activities. Elliptic additionally offer consulting and client-training services, and partners with academic researchers studying cryptocurrency forensics.