Blockchain Raises $40M in Series B Funding

Blockchain, a London, UK-based software platform for digital assets, raised $40m in Series B funding.

The round was led by Lakestar with participation from GV (formerly Google Ventures), Nokota Management, Digital Currency Group and existing investors Lightspeed Venture Partners, Mosaic Venture Partners, Prudence Holdings, Virgin, and Sir Richard Branson (Virgin Group).

The company will use the new capital for global expansion and localization efforts as well as research and development of emerging digital assets.

Founded in 2011 by CEO Peter Smith as an open source software project, Blockchain offers a digital asset platform and wallet software which has been used by millions of active users in 140 countries across the globe to transact quickly and without intermediaries.
The company also offer tools for developers and real time transaction data for users to analyze the digital economy.



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