Chain Closes $9.5M Funding Round

chainAccording to the corporate blog (read here), Chain, a San Francisco, CA-based provider of a bitcoin infrastructure for developers, enterprises, and financial institutions, closed a $9.5m round of funding.

The round was led by Khosla Ventures, with participation from existing backers RRE Ventures, Thrive Capital, and SV Angel and other angel investors and specialist funds. In conjunction with the funding, Keith Rabois from Khosla joined Chain’s board.

The company intends to use the funds to build its bitcoin infrastructure.

Led by Adam Ludwin, Chain is building an enterprise-grade block chain API that allows developers to build Bitcoin applications. Language libraries available include Ruby, iOS and Node.js.
The company is hiring (read here).



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