crawled from : Ycombinator
nBots (nBots.blogspot.com), Providing you the latest Programming And Tech News.
Wednesday, 8 May 2013
Coinbase (YC S12) raises $5M from Union Square Ventures, largest financing round yet for a Bitcoin startup
Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million investment led by Union Square Ventures. In an exclusive interview with The Wall Street Journal, Coinbase's founders Fred Ehrsam and Brian Armstrong said the Series A deal-which followed a seed round in September 2012 of $600,000-will help the San Francisco company cover operating costs and hire engineers, designers and business-support staff.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment