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Taxbit, a crypto tax software developer, has reached a valuati | .

Taxbit, a crypto tax software developer, has reached a valuation of $1.33B thanks to a recent funding round.
The company secured $130M from the Series B funding round, which was led by IVP and Insight Partners. Contributors included Tiger Global, Sapphire Ventures and Madrona Venture Group.
Taxbit intends to use the money to scale its tax and accounting infrastructure, on top of opening up new offices in the US and the UK.

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