TRM Labs, a leading blockchain intelligence company, has announced a $70 million expansion to the company's Series B funding round, bringing the raise to $130 million in total.

The investment was led by Thoma Bravo, a leading software investment firm, with participation from Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures, and others. The expansion follows TRM's $60 Million Series B raise in December 2021 led by Tiger Global.