Close Menu
TechBrunchTechBrunch
  • Home
  • AI
  • Apps
  • Crypto
  • Security
  • Startups
  • TechCrunch
  • Venture

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Circle IPOs are giving hope to more startups waiting to be published to more startups

June 5, 2025

Perplexity received 780 million questions last month, the CEO says

June 5, 2025

Bonfire's new software allows users to build their own social communities free from platform control

June 5, 2025
Facebook X (Twitter) Instagram
TechBrunchTechBrunch
  • Home
  • AI

    OpenAI seeks to extend human lifespans with the help of longevity startups

    January 17, 2025

    Farewell to the $200 million woolly mammoth and TikTok

    January 17, 2025

    Nord Security founder launches Nexos.ai to help enterprises move AI projects from pilot to production

    January 17, 2025

    Data proves it remains difficult for startups to raise capital, even though VCs invested $75 billion in the fourth quarter

    January 16, 2025

    Apple suspends AI notification summaries for news after generating false alerts

    January 16, 2025
  • Apps

    Perplexity received 780 million questions last month, the CEO says

    June 5, 2025

    Bonfire's new software allows users to build their own social communities free from platform control

    June 5, 2025

    x Test to highlight posts that users with dissent

    June 5, 2025

    Google says the updated Gemini 2.5 Pro AI model is excellent at coding

    June 5, 2025

    Snapchat launches the Apple Watch app globally

    June 5, 2025
  • Crypto

    Circle IPOs are giving hope to more startups waiting to be published to more startups

    June 5, 2025

    GameStop bought $500 million in Bitcoin

    May 28, 2025

    Vote for the session you want to watch in 2025

    May 26, 2025

    Save $900 + 90% from 2 tickets to destroy 2025 in the last 24 hours

    May 25, 2025

    Only 3 days left to save up to $900 to destroy the 2025 pass

    May 23, 2025
  • Security

    Humanity unveils custom AI models for US national security customers

    June 5, 2025

    Unlock phone company Cellebrite to acquire mobile testing startup Corellium for $170 million

    June 5, 2025

    Ransomware Gangs claim responsibility for Kettering Health Hack

    June 4, 2025

    Former CTO of CrowdStrike's cyber-rivals and how automation can undermine security for early-stage startups

    June 4, 2025

    Data breaches at newspaper giant Lee Enterprises impact 40,000 people

    June 4, 2025
  • Startups

    7 days left: Founders and VCs save over $300 on all stage passes

    March 24, 2025

    AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

    March 24, 2025

    20 Hottest Open Source Startups of 2024

    March 22, 2025

    Andrill may build a weapons factory in the UK

    March 21, 2025

    Startup Weekly: Wiz bets paid off at M&A Rich Week

    March 21, 2025
  • TechCrunch

    OpenSea takes a long-term view with a focus on UX despite NFT sales remaining low

    February 8, 2024

    AI will save software companies' growth dreams

    February 8, 2024

    B2B and B2C are not about who buys, but how you sell

    February 5, 2024

    It's time for venture capital to break away from fast fashion

    February 3, 2024

    a16z's Chris Dixon believes it's time to focus on blockchain use cases rather than speculation

    February 2, 2024
  • Venture

    Less than 48 hours left until display at TC at all stages

    June 5, 2025

    TC Session: AI will be on sale today at Berkeley

    June 5, 2025

    North America accounts for the majority of AI VC investment despite the harsh political environment

    June 5, 2025

    3 days left: Charge all your locations in stages on TC Expo Floor

    June 4, 2025

    From $5 to Financial Empowerment: Why Stash co-founder Brandon Krieg is a must-see for TechCrunch All Stage 2025

    June 4, 2025
TechBrunchTechBrunch

Chainalysis completely partes ways with its founding CEO

TechBrunchBy TechBrunchDecember 5, 20242 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Telegram Email


Two months after taking a temporary personal leave, Chainalysis co-founder Michael Gronagar has agreed to permanently leave the company.

Chainalysis, the buzzy 10-year-old New York-based blockchain data platform, will now be led by co-founder Jonathan Levine, he told TechCrunch, and the company's board announced Tuesday that he will He explained that he had given Mr. Gronager the job. But Levin, who has been the company's chief strategy officer for many years, will maintain other roles in addition to running the company as CEO.

“I have been responsible for R&D and believe that the CEO should be the Chief Product Officer. That is why we are not making any changes to the R&D leadership team. They will continue to report directly to me. Deaf,” he said in an interview Wednesday.

Mr. Levin declined to provide further information about Mr. Gronager, other than to say that Mr. Gronager also no longer serves on Chainalysis's board of directors, but maintains a stake in the company.

A message from TechCrunch to Gronager on Wednesday was not returned.

Asked about Chainalysis' financial health, Levin said the startup “continues to invest in our growth” and “doesn't need to raise capital.” Raised $175 million in 2022; [still] I feel that the company's cash flow is strong. He added that he will focus on “executing the expansion of our risk platform and working with government customers around the world to ensure we can meet the growing demand for cryptocurrencies.”

Chaineries, whose early investors include Benchmark, was valued by investors at $8.6 billion during a funding round in 2022. Cryptocurrency investor Katie Horn, who first discovered Chainalysis as a federal prosecutor, reportedly began buying secondary shares in the company valued at $2.5 billion in April of this year.

According to The Block, Chainalysis, considered a “cryptocurrency detective” whose clients include the U.S. government and corporate clients, will lay off just over 15% of its 900 employees in late 2023 and seek more government contracts. The plan is to focus on this.

The entire cryptocurrency industry has been in recovery mode in recent weeks, with Bitcoin prices hitting an all-time high of $100,000 on Wednesday.

Above: Levin at the StrictlyVC event hosted by TechCrunch in November 2024.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Circle IPOs are giving hope to more startups waiting to be published to more startups

June 5, 2025

GameStop bought $500 million in Bitcoin

May 28, 2025

Vote for the session you want to watch in 2025

May 26, 2025

Save $900 + 90% from 2 tickets to destroy 2025 in the last 24 hours

May 25, 2025

Only 3 days left to save up to $900 to destroy the 2025 pass

May 23, 2025

Starting from up to $900 from Ticep, 90% off +1 in 2025

May 22, 2025

Leave A Reply Cancel Reply

Top Reviews
Editors Picks

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025
About Us
About Us

Welcome to Tech Brunch, your go-to destination for cutting-edge insights, news, and analysis in the fields of Artificial Intelligence (AI), Cryptocurrency, Technology, and Startups. At Tech Brunch, we are passionate about exploring the latest trends, innovations, and developments shaping the future of these dynamic industries.

Our Picks

Circle IPOs are giving hope to more startups waiting to be published to more startups

June 5, 2025

Perplexity received 780 million questions last month, the CEO says

June 5, 2025

Bonfire's new software allows users to build their own social communities free from platform control

June 5, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 TechBrunch. Designed by TechBrunch.
  • Home
  • About Tech Brunch
  • Advertise with Tech Brunch
  • Contact us
  • DMCA Notice
  • Privacy Policy
  • Terms of Use

Type above and press Enter to search. Press Esc to cancel.