The Coinbase Ventures-backed fraud prevention tool developer has secured the fresh round that boosted its total funding to over $48m.

Eventus Systems, a US-based trade surveillance software provider backed by cryptocurrency exchange Coinbase, received $30m on Wednesday in a series B round featuring principal trading firm DRW’s venture capital arm, DRW VC.

The round was led by private equity firm Centana Growth Partners and included Jump Capital and LiveOak Venture Partners as well as unnamed new strategic investors. The company’s overall funding stands at $48.5m, it said.

Founded in 2015, Eventus has built a machine learning-powered software tool dubbed Validus,…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.