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 $116 million in venture capital investment, setting a record for not just a Bitcoin startup, but for any Bitcoin company in the technology's six-plus years. 21 Inc. looks to invest in Bitcoin "mass adoption." This company has been working diligently, and secretively, for over a year on securing this....
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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 years ago under the name 21e6, the company was able to raise $5 million in venture capital. Silicon Valley startups have been silently convincing venture capitalist to back their companies in an effort to turn the blockchain into a product or service that is marketable to the masses. Many investors....
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