3Commas Closes $37 Million Series B Funding Round Led by Alameda Research and Others

Automated crypto trading bot platform 3Commas closed a $37 million Series B round of funding led by Alameda Research, Target Global, Jump Capital, and Dmitry Tokarev, founder and CEO of Copper. The funding will be used to advance bot technology, expand the trading ecosystem and enhance developer tools for creating apps for the 3Commas ecosystem, according to a press release.

3Commas is a product ecosystem offering trading tools and automated strategies managed by machine learning-driven trading bots that use historical data to help investors utilize different crypto trading strategies. Previously, 3Commas closed a $3 million seed funding round in November 2020 with participation from Alameda Research and others.

Source

Tools

Fund Raising

Alameda Research

Related News
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital
Praxis gets $525M for utopic crypto, AI-friendly city Praxis gets $525M for utopic crypto, AI-friendly city
Latest News More More
1 Day Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
6 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open