Blockchain platform Allium raises $40 million Series B

Allium, a prominent blockchain data platform for businesses, has secured $40 million in Series B funding led by Amplify Partners, with support from Kleiner Perkins and Theory Ventures. This influx of capital will likely bolster Allium’s growth and innovation in the enterprise blockchain space. Amplify’s David Beyer will now join Allium’s Board, bringing fresh strategic insights to the company. This funding round underscores the increasing confidence in blockchain technology's potential to transform enterprise operations.

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