Blockchain Security Startup Raises $90 Million Despite Crypto Winter

Blockchain security firm Halborn has raised $90 million, the company told Bloomberg News. The deal is an outlier in a climate where venture capital investing in crypto startups has slowed and digital currency prices have nosedived.

Summit Partners led the Series A financing for Miami-based Halborn, which also included Castle Island Ventures, Digital Currency Group and Brevan Howard. The three-year-old startup declined to disclose its valuation.