BitPay Raises Record $30M in Series A Led by Index Ventures
This morning BitPay, one of the industry's largest business and payment solutions providers, announced some very big news, bringing sizable implications for the future of Bitcoin as both a payment method and emerging technology. The company announced what has become the record for funding of any business in the Bitcoin space. Led by international venture....
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Atlanta, Georgia-based BitPay has announced today that they have managed to raise a whopping $30 million in a Series A funding round led by Index Ventures. Joining Index in the round is Horizons Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, AME Cloud Ventures, and even Sir Richard Branson of the numerous Virgin enterprises in operation today. The amount brings the total amount of investments made in the company to $32.7 million, with venture capital coming from London, Geneva, New York, San Francisco, and as far east as Hong Kong. In addition to the huge investment....
Atlanta-based bitcoin merchant processor BitPay has officially raised $30m in Series A funding in the largest-ever financing round for a bitcoin company. The round was led by Index Ventures, and included Yahoo founder Jerry Yang's AME Cloud Ventures, Felicis Ventures, PayPal founder Peter Thiel's Founders Fund, Horizons Ventures, RRE Ventures, Virgin Galactic's Sir Richard Branson and TTV Capital. As part of the deal, Index Ventures' Jan Hammer and noted bitcoin ecosystem investor Jimmy Furland will join BitPay's Board of Directors. Rapid growth. In an interview with CoinDesk, BitPay CEO....
Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among those […]
Bitcoin security company Xapo has reportedly raised a whopping $20 million in Series A-1 funding from Greylock Partners and Index Ventures, we're learning this Tuesday morning from various reports. Other participants in the funding round included Jerry Yang (Yahoo! Inc. co-founder), Emergence Capital Partners, Max Levchin (PayPal co-founder), Yuri Milner. The significant investment breaks a record in the digital currency space, effectively making Xapo the most invested in company operating in the space to date. Previous investors that poured in $20 million into the company include Fortress....
Online wallet provider Xapo has raised its funding total to $40m, leapfrogging BitPay to become the best-funded bitcoin startup to date. Announced today, the startup's second Series A-1 funding round took $20m in total. Spearheaded by Index Ventures and Greylock Partners, the round also included Emergence Capital Partners, venture capitalist Yuri Milner, PayPal co-founder Max Levchin and former Yahoo! CEO Jerry Yang. Back in March, Xapo's initial round was led by Benchmark Capital, Fortress Investment Group (FIG) and Ribbit Capital. At the time, it was the second-biggest funding round in....