Airbitz Gets $450,000 Cash Injection from Block26
Block26, a new venture capital firm with eyes on the "block chain market," has made its first selection, leading an expected 1.25 million dollar seed funding round for the San Diego-based Airbitz mobile Bitcoin wallet. Readers may be familiar with the wallet, which won first place in the start up competition earlier this year in New York City at the Inside Bitcoins Conference. The primary novelty of Airbitz, besides ease of use, is its integration of a Bitcoin merchant directory, allowing the mobile user to locate a place to spend bitcoins within the same application. Aside from that, the....
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Airbitz, the bitcoin wallet and business directory service provider has managed to secure close to half a million USD in its seed funding round. The company, which is an alumni of Sunnyvale, California based Plug and Play Tech Accelerator is now funded by the venture capital firm Block26. Block26 is a Los Angeles based venture capital firm which was started last month. The firm has managed to complete its first investment of $450,000 in Airbitz. Block26 has made it clear that the company will be focusing specifically on Bitcoin, Blockchain and Digital currency based technology ventures....
Los Angeles-based venture capital firm Block26 has completed its first investment, contributing $450,000 to the ongoing seed round for bitcoin wallet provider Airbitz. Launched in June, Block26 has indicated it plans to focus specifically on blockchain and digital currency ventures, contributing to seed to later-stage rounds. Calling the funding the company's "first big announcement", Block26 principal Ni'coel Stark indicated that Airbitz is representative of the kind of companies in which her new venture firm is looking to invest. Stark told CoinDesk: "We're really looking for nuances in....
The San Diego-based wallet company Airbitz has just announced the release of its Bitcoin wallet Plugin API for third party applications and services within the industry. Airbitz Plugin API Brings Bitcoin to 3rd Party Apps. Airbitz says they have been hard at work with Airbitz SDK integrations, Glidera implementations, Edge Security partnerships, and now....
Airbitz, the mobile bitcoin wallet, has integrated Fold, the Starbucks gift card app that accepts bitcoin payments, into its own app. In announcing the Fold offering, Airbitz said it will be helpful for people new to bitcoin and will encourage more consumers to start using bitcoin. The Fold app also allows users to receive discounts at Target and Whole Foods Market. Many bitcoin users already take advantage of the discounts Fold provides for Starbucks gift cards; users get a 20% discount paying with bitcoin. Airbitz Streamlines The Fold Process. Airbitz has further streamlined the process....
A new venture platform called Block26 was recently launched in Los Angeles to fund blockchain startups. The group shared their plans to invest in companies that are pursuing applications based on blockchain, which is the public ledger of bitcoin transactions. The platform is led by Principals and Co-Founders Ni'coel Stark and Pedram Hasid and backed by Lakeshore Capital among others. It will provide capital, talent, and other resources to incubate a portfolio of startups in the bitcoin space. Blockchain Startups Potential. "We are launching Block26 to provide the bitcoin community with....