BitGo bags $57.5 M in Series-B funding round from top institutional investors like Goldman Sachs etc. Total of $82+ M raised by ICOs in private funding activity in last week.

Private Funding Activity Last Week

• BitGo raised $57.5 million in a Series-B round from investors Valor Equity Partners, Redpoint, Goldman Sachs, Galaxy Ventures, DRW, Craft Ventures.

• Valid Network raised $2 million in a Seed round from investors Jerusalem Venture Partners and JVP Cyber Labs.

• Cobo Wallet raised $13 million in a Series-A round from Wu Capital and DHVC (Digital Horizon Capital).

• dYdX raised $10 million in a Series-A round from investors a16z crypto, Vy Capital, Polychain, Kindred Ventures, Dragonfly Capital Partners, Craft Ventures.

• TokenInsight raised undisclosed amount in Series-A round from investors Susquehanna International Group, Matrix Partners China, Fenbushi Capital and Draper Dragon.