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Briefing

The Briefing: Fireblocks Raises $550M, SKIMS Lands $240M, And More

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Here’s what you need to know today in startup and venture news, updated by the SA¹ú¼Ê´«Ã½ News staff throughout the day to keep you in the know.

Fireblocks raises $550M for digital asset security

New York-based , a blockchain security provider for digital assets, raised $550 million in a funding round led by and .

The financing sets a valuation of $8 billion for the 4-year-old company. The latest round brings total funding to date to $1 billion.

Fireblocks said it expanded rapidly last year, growing from 150 customers to more than 800, and surpassing $2 trillion in assets transferred.

— Joanna Glasner

SKIMS raises $240M, doubles valuation

, the underwear and shapewear brand founded by , raised $240 million, Thursday. The new funding, led by , doubles SKIMS’ valuation to $3.2 billion. SKIMS, which also sells clothing and lounge wear, is one of several underwear companies to raise money from investors recently. Brands like and also brought in VC dollars in the past year.

–Sophia Kunthara

Enable Injections closes $215M Series C

Cincinnati-based raised a $215 million Series C financing led by . Founded in 2011, the developer of a drug delivery platform has now raised nearly $350 million, according to SA¹ú¼Ê´«Ã½ data.

— Chris Metinko

Domestika lands $110M

, a provider of online classes and communities for creators, raised $110 million in a Series D funding round led by at a valuation of $1.3 billion.

— Joanna Glasner

Funding rounds

CoinTracker picks up $100M: , a provider of portfolio and tax management tools for cryptocurrency investors, raised $100 million in a funding round led by and joined by a long list of venture, strategic and individual investors.

— Joanna Glasner

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