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Blockchain Security Startup Raises $90 Million Despite Crypto Winter

Halborn's Steve Walbroehl and Rob Behnke
Halborn's Steve Walbroehl and Rob BehnkePhotographer: Astrid Morgreen/Halborn

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.