Search: Bitcoin Venture

Following the Money: Trends in Bitcoin Venture Capital Investment

CoinDesk is releasing its 'State of Bitcoin 2014' report on Tuesday, which takes an in-depth look into the evolution of bitcoin and the potential hurdles it is still yet to face. This article is the first of a two-part series drawn from the report. The series looks at the trends in venture....

Will Bitcoin Venture Capital Investment Reach $300 Million in 2014?

In addition to the companies listed below, sales portal BitSimple has raised $600,000 in a bitcoin-only seed round. This article summarizes some of the new State of Bitcoin 2014 data and analysis on venture capital investment presented at last week's Coinsummit conference in San Francisco.....

SEC Receptive to Winklevoss Bitcoin Trust

According to Michael J. Casey, an editor and senior columnist at The Wall Street Journal, the Winklevoss twins are receiving positive feedback from the SEC regarding their new bitcoin business venture, Winklevoss Bitcoin Trust. The following quote is from Mr. Evan Greebel, whom is the lawyer for....

Venture Capitalists Still See Promise in Bitcoin Startups

Over 150 years later the gold rush is striking California again, this time for what some call digital gold, because of its limited supply, Bitcoin. Venture capitalists still see the promise in some Bitcoin businesses. The startup Vaurum received four million dollars in seed funding from Battery....

21 Inc. Breaks Venture Bitcoin Funding Record

Silicon Valley startup 21 Inc., a company that’s managed to stay in the shadows, for the most part, announced it has raised $116 million in venture funding. Formally known as 21e6, 21 Inc. raised the most funding by any startup in the digital-currency sector, based on data from Coindesk. Two....

State of Bitcoin Q1 2014 Report Shows Venture Capital Soaring

CoinDesk State of Bitcoin Q1 2014 from CoinDesk. Download the full report in PDF form. View more of CoinDesk's Research Reports here. Much has happened since CoinDesk released its first State of Bitcoin report earlier this year and today we are publishing an update featuring brand new data and....

Pantera Partner Steve Waterhouse Exits Bitcoin Investment Firm

Pantera Capital partner and chief technology officer Steven Waterhouse has departed the bitcoin and blockchain-focused venture capital firm. Founded in 2013, Pantera is one of the ecosystem’s largest VC firms, boasting a portfolio that includes some of its biggest success....

Talking Bitcoin: Financial Shortcomings or Financial Success?

In late 1999, the online consumer fashion website Boo.com launched on the world wide web. Hampered by problems such as a bandwidth-heavy site trying to strike it big when internet-users had dial-up modems, exclusion of Mac users in general, and poor customer service, the website was liquidated....

The Real Reason VCs Should be Investing in Bitcoin

Are you an investor who has come to this page while doing the due diligence for investing in Bitcoin? If you have come this far, I suggest that you read till the end. Even if you are not a VC or angel, you are still in the right place on the Internet, for I am about to add some perspectives that....

Bitcoin Startup 21 Inc. Scores $116 Million in Venture Capital

Last year was a record year for Bitcoin when it came to venture capital investment, at almost $350 million in 2014. It looks like Bitcoin is approaching that amount already, and we're not even through the first quarter of 2015 year. Bitcoin startup 21 Inc. has announced that they have secured....

Bitcoin Auction was won by venture capitalist Tim Draper and Vaurum

Tim Draper, Founder and Managing Director of Draper Fisher Jurvetson, won U. S. Marshals' Bitcoin auction. The Bitcoin auction is estimated to be worth a whopping 18 million USD. Since the news came out earlier today that there was only one winner of the auction, there have been many speculated....

Bitcoin Venture Capital Reaches All-Time High According to New Report

In 2015, Bitcoin and blockchain companies closed 74 deals, raising a total of $474 million USD in venture capital, an all-time high, according to a new report by CB Insights and KPMG. The three largest deals in the bitcoin space were also the three first Series C funding rounds, suggesting that....

Bitcoin venture funding is higher when bitcoin prices are north of $100

Interested in venture capital funding and bitcoin startups? Well, it seems that the secret has been in the market price for bitcoins. As in, the higher the price that bitcoins are, the more funding that seems to pour out of VCs and into bitcoin exchanges, wallets and other companies built around....

Huiyin Grows Blockchain Startup Fund to $80 Million

Two months after it first announced a $20m fund that would focus exclusively on bitcoin and blockchain startups, Huiyin Blockchain Venture is doubling down on its commitment. The China-based investment firm, a subsidiary of investment conglomerate Huiyin Group, revealed to CoinDesk that the....

The Hottest Sectors in Bitcoin, Ranked by Venture Capital Flow

One of the most exciting things about a novel technology like bitcoin is watching its infrastructure be built right before our eyes. The need for infrastructure creates boundless opportunities for innovators and entrepreneurs to focus their efforts on developing products that solve problems in....

Buttercoin CEO Reveals 'Tactical Mistake' that Led to Company Closure

One week after his startup's abrupt closure, Buttercoin CEO Cedric Dahl says the wider community should be careful to learn from his experience at the helm of the US bitcoin marketplace. Despite accruing an impressive list of investors, including Google Ventures, Centralway Ventures and Y....

Launch of Indian Digital Currency Laxmicoin Postponed Following Raids

The launch of an India-focused digital currency, Laxmicoin, has been suspended by its co-founders, following the Reserve Bank of India's (RBI) raids on bitcoin exchanges in December last year. While some bitcoin exchanges are once again operating and digital currencies are gaining traction in....

Buttercoin Announces Permanent Shutdown on April 10th

Buttercoin, an American start-up that provides digital currency exchange services, has announced that it will be closing its operations on April 10, 2015. According to the company, it is shutting down due to a lack of interest in Bitcoin among venture capital firms. Interestingly, the reason....

Flinders University Is The First To Accept Bitcoin In Australia

Flinders University is the first Australian University to accept payments in Bitcoin. Though Flinders University doesn't accept yet Bitcoin is as general payment option for university fees, Flinders' New Venture Institute is now running a pilot project and accepting Bitcoin as payment for its....

Swedish Bank Joins Bitcoin Processor's $4 Million Series A

Swedish banking giant SEB Group and a Danish venture capital firm have invested $4m in Coinify, a digital currency payment processor based in Copenhagen. The Series A round included support from SEB as well as SEED Capital, an early-stage venture firm based in Denmark and an....

Potential Mt. Gox Buyer: Exchange Has Important Role in Bitcoin's Future

The latest attempt to bring bankrupt Japan-based bitcoin exchange Mt. Gox back to life appears to be a serious one. William Quigley, managing director of Santa Monica-based venture capital firm Clearstone Venture Partners, is part of a group of investors aiming to resuscitate the collapsed....

Bitcoin Messaging App Gems Raises $400,000 from Magma Venture Partners

Gems, the social messaging app with a built-in Bitcoin wallet, announced today that it has raised $400,000 from venture capitalist Magma Venture Partners. Gems is a new social messenger service that includes Bitcoin wallet and rewards its users for the use of the messaging service, thanks to its....

Bitcoin VC Investment This Year Already 30% Higher Than 2013's Total

The amount of venture capital raised by bitcoin startups this year has already surpassed the total amount raised in 2013 by more than $27m. So far in 2014, $113.2m has flowed into bitcoin businesses, which is 29% greater than the total amount for last year, which stands at $88m. In 2012, bitcoin....

Why Lightspeed Venture Partners Sees Bitcoin as a Good Investment

Lightspeed Venture Partners is a venture capital firm with a global reach. Based in Menlo Park, California, the company also has people on the ground in India, Israel and China. The firm has a keen interest in bitcoin, investing in BTC China, Ripple and startup incubator Boost, which launched a....

Blockchain Announces Growth, the Future and New Partners

Blockchain, the providers of the popular blockchain explorer and Bitcoin wallet, announced that they have closed a Series A round of over 30M of growth capital, co-lead by Lightspeed Venture Partners and Wicklow Capital. Jeremy Liew and his team at Lightspeed Venture Partners were one of the....

Adam Draper of Boost VC to Address Cryptolina Bitcoin Expo

Coming in mid-August, Bitcoin will take over the Carolinas. The conference, accurately named Cryptolina, will focus on bringing education and insight within what hopes to be the defining Bitcoin event for the Carolinas. The conference is taking place from August 15-16 in Raleigh, NC, and will be....

Canadian Pension Fund's Venture Arm Exploring Bitcoin Investments

The venture arm of a major Canadian pension fund is reportedly looking at making investments in bitcoin and blockchain startups. The Ontario Municipal Employees Retirement System, or OMERS, is one of Canada's largest municipal pension funds. The fund's venture arm, OMERS Ventures, recently....


Quotes

Bitcoin may be the TCP/IP of money.

Paul Buchheit, Creator of Google’s Gmail Service