VC Firm Block26 Makes First Bitcoin Bet on Airbitz Wallet
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....
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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....
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....
Bitcoin wallet provider Airbitz continues to close in on the release of buy-and-sell functionalities within its wallets interface. The Lead architect of the wallet, William Swanson, recently told CCN that the firm will soon offer the service around the globe through its partners. "Our US partner is bringing their service online and is in private Beta at the moment," Swanson said. "We will be able to switch on our in-app integration soon." The company also has a Eurozone partner ready to go. "We just need to hook up a bit of code," Swanson said. By offering this service through its....
Airbitz impressed judges last week in the Inside Bitcoins startup competition, and the wallet walked away as the winner. You might remember Airbitz as the wallet that has a built-in Bitcoin directory, which points users to nearby merchants that accept Bitcoin. The company is also known for rolling out the first one-touch 2-factor authentication for a mobile wallet, which makes security a little easier for the average Bitcoin user. The mission is to stick to Bitcoin's decentralized roots while also to make Bitcoin easy to use, a balance that appears to be the unicorn of the Bitcoin space.....
Airbitz, a hosted wallet service, has launched their new mobile wallet for Android and IOS. The Airbitz mobile wallet has several features that are unique to Airbitz. The wallet itself features a built in business directory of brick and mortar stores and online websites that accept Bitcoin. The app has a directory tab which will display the location and current distance away from all business that accept Bitcoin in the user's area. The app also allows users to filter the directory by business type. Businesses can list their store/website on the Airbitz website free of charge. By....