SBI Group and Santander InnoVentures backed a series B round that boosted cryptocurrency security tool developer Elliptic's funding to $30m altogether.

Financial services provider SBI Group led a $23m series B round yesterday for crypto-asset security technology developer Elliptic that included Santander InnoVentures, the strategic investment arm of banking group Santander.

The round also featured AlbionVC, the venture capital arm of investment firm Albion Capital, along with VC firms Octopus Ventures and SignalFire and unspecified existing investors.

Founded in 2013, Elliptic offers a suite of services used by more than 100 financial institutions and crypto-driven businesses to address criminal risks associated…