Venture Capital Funding for Bitcoin Startups Triples in 2014
It's been a bumper 12 months for bitcoin companies raising funding. In fact, the amount of venture capital flowing into bitcoin startups this year is more than three times the total raised in 2013, according to CoinDesk data. In total, bitcoin firms raised $314.7m in 2014. This represents a 3.3-fold increase over the previous year, in which $93.8m was invested. Additionally, this year's total accounts for more than three-quarters of all venture capital raised for bitcoin startups since the start of CoinDesk data in 2012. A total of $410.7m has been invested in the space over that time. The....
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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. Several significant venture capital investments in bitcoin startups have been announced in recent weeks, including Circle's $17m second round, Xapo's $20m first round, and OKCoin's $10m first round (Table 1). Table 1: Bitcoin Venture Capital Investments - 2014 YTD. Sources: CoinDesk, Dow Jones....
Venture capital is often seen as a milestone for startups and entrepreneurs in any industry. Bitcoin companies welcome VC funds as well, although Indie.vc is displaying an attractive alternative. The Downside of Venture Capital Funding. Getting a venture capitalist on board is a big deal for any startup, as they bring much-needed funding to the table.....
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 bitcoin. The common thread seems to be that, with the exception of Tradehill, major funding went into bitcoin-influenced startups once the price went higher than $100 per BTC. VC Funding Numbers: CrunchBase. BTC prices are from funding date: Bitcoin Charts. Now, anyone who knows a bit about venture....
In the first quarter of 2015, Bitcoin venture capital investment has already exceeded that of 2014. BitFury, the Amsterdam mining operation, has announced that its third round funding has exceeded 20 million dollars from investors. The company had previously acquired 20 million last summer in an investment round. BitFury plans to open up another location....
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 Ventures, Tim Draper, Steve Case and others. Vaurum is a Bitcoin startup from Palo Alto that enables "banks & brokerages to trade, store and offer bitcoin to their customers" so that they can run their own exchanges. Bitcoin continues to gain credibility, last week, Bloomberg started providing....