Cryptocurrency Tax Software Startup Libra Raises $7.8 Million

Blockchain startup Libra has raised $7.8 million in a new Series A funding round, the company announced today.

The financial resources came from a group of investors which included an unnamed family office based in Europe. Also contributing to the round, according to Libra, was seed-stage VC firm Liberty City Ventures, cryptocurrency market maker XBTO and Lee Linden, an early-stage investor who previously worked for Facebook.

Of that group, Liberty City is a returning investor after putting in $500,000 in a seed stage round in 2014. Libra develops cryptocurrency and blockchain-oriented accounting and tax software, and the new funds will be put toward the development of its Libra Enterprise Platform, the startup said…

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