Libra, a financial software company for the blockchain and cryptocurrency industry, today announced a $7.8 million Series A round led by a multi-billion dollar European family office. Participating investors include Liberty City Ventures, crypto -asset specialist XBTO, Boost VC, and Lee Linden.

The funding will be used to continue building the Libra Enterprise Platform, as well as releasing new applications and data services. Libra’s platform provides institutional-grade blockchain and cryptocurrency ecosystem connectivity, standardization, and delivery of data in a scalable, secure, and fully auditable solution. While the new applications and data services will provide real-time, continuous, and automated accounting, audit, and tax processing and reporting capabilities.

In addition to the current round, the company previously raised $2 million in seed funding, in transactions led by Liberty City Ventures and Fenbushi Capital, bringing total capital raised to nearly $10 million since inception.