Sardine, a fraud detection platform, has just completed a Series B funding round led by Andreessen Horowitz (a16z), The Block has reported.
Other participants in the funding round include NG Ventures, ConsenSys, Cross River Digital, Visa, Eric Schmidt and Google Ventures.
The project has raised a total of $51.5 million.
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The company helps companies achieve regulatory compliance and reduce fraud risks while focusing on growth.
Soups Ranjan, CEO and co-founder of Sardine, has said that the company currently has 135 customers, including FTX, Blockchain.com and Brave.
The company intends to use the funds to expand its marketing efforts and increase sales internationally.