Ciphrex Adds Bitcoin Law Expert as Advisor, Prepares for Series B Funding
Cryptocurrency and blockchain technology-based leading software company Ciphrex had added Bitcoin law expert Peter Townshend to its Board of Advisors, the company announced via a press release today. The addition of Peter Townshend, who is also a partner at the leading law firm Perkins Coie LLP, will immensely boost the software company's position as it sets up for the Series B round of financing. Ciphrex's co-founder and Chief Operations Officer Enrique Lombrozo said, "We are delighted to have Peter Townshend join the Ciphrex team as our legal advisor. He is an outstanding attorney who....
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Leading cryptocurrency software company Ciphrex has managed to raise an impressive $500,000 in a new Series-A funding round, which saw heavy assistance and financial support coming from six different investors. Co-CEO and chief operations officer Enrique Lombrozo enthusiastically states: "We feel fantastic... We are glad to announce we've met our goal of raising half-a-million dollars in this initial round. We raised $300K immediately, back in October 2013, and then we raised the remaining $200K in the last few weeks. These funds will allow us to further advance, promote and expand our....
Cryptocurrency security firm Ciphrex has completed a successful A-Series funding round, raising $500,000 (£327,934) Six accredited investors took part in the round, according to the company, but they wished their participation to remain private. Enrique Lombrozo, co-CEO and chief operations officer, said: “We are glad to announce we’ve met our goal of raising half-a-million dollars in this initial round. We raised $300k immediately, back in October 2014, and then we raised the remaining $200k in the last few weeks. These funds will allow us to further advance, promote and expand our line....
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