Bitcoin

PayStand, a Santa Cruz, California-based provider of an online payment solution, raised $1m in seed funding. Backers included Serra Ventures, Cervin Ventures, Central Coast Angels, and TiE LaunchPad. The company intends to use the funds to build new payment functions and features. Led by Jeremy Almond, CEO and founder, PayStand provides an online payment solution […]

Circle Internet Financial, a Boston, MA-based digital currency company, closed a $17m Series B financing. The round was led by investor Oak Investment Partners, with participation from Pantera Capital, the Bitcoin Opportunity Fund of Barry Silbert, Leonard H. Schrank, Circle board member M. Michele Burns, and Fenway Summer, a consumer finance advisory and venture firm led […]

GoCoin, a Santa Monica, CA-based international payment platform for digital currencies, closed a $1.5m Series A equity financing. The round was led by Bitcoin Shop, Inc. (OTCQB: BTCS) and former Facebook COO, Owen Van Natta, with participation from Crypto Currency Partners, Andrew Frame (Ooma), David Neuman (Current TV, CNN), and others. The company intends to […]

Payward completed a $5m Series A round of funding. The round was led by Hummingbird Ventures. Payward raised the funds to grow its San Francisco, CA-based Kraken division, an online exchange for Bitcoin, Ripple, Litecoin, Namecoin, Dogecoin, Ven and other digital currencies. Led by Jesse Powell, founder and CEO, Kraken allows customers to trade digital […]

Benchmark, Fortress Investment Group and Ribbit Capital are acquiring an interest in Pantera Bitcoin Partners LLC., a subsidiary of investment firm Pantera Capital. Following the transaction, these shareholders and their principals will generally make their purchases of Bitcoin and other digital currencies via investments in Pantera Capital. Founded by Daniel W. Morehead in 2003 with […]

OKCoin, a Chinese bitcoin trading platform, raised $10m in Series A financing. The round was led by Ceyuan, a Chinese venture capital firm, followed by Mandra Capital, VenturesLab and other angel investors. The company intends to use the funds for team and international expansion, research and development, and security improvement. Led by CEO Star Xu, […]

According to a blog post, Xapo, a Palo Alto, CA-based Bitcoin company that offers online and offline security solution, raised $20m in Series A funding. The round was led by Benchmark, with participation from Fortress Investment Group and Ribbit Capital. The company intends to use the funds to strengthen the team. Led by Wences Casares, […]

Bitcoin Decentral, a Canadian hub for the decentralized Bitcoin community, is launching an accelerator dedicated to funding and growing startups focused on cryptocurrencies and innovative tech. Led by Anthony Di Iorio, CEO, founder and general partner, and A. Traviss Corry, Managing Director and founding partner, Toronto-based Bitcoin Decentral Accelerate will offer a three month custom […]

Coinsetter, a NYC-based Bitcoin trading platform, raised $510k in new funding. According to a regulatory filing (read here), 13 unnamed investors participated in the round, which the company plans to close at $1.5m. This funding adds to a $500k round raised in April 2013 (read here). Led by Jaron Lukasiewicz, Chief Executive Officer and Founder, […]

Developers of the Master Protocol and large holders of Mastercoin, a metadata layer on the Bitcoin blockchain, launched a $30m open call for Master Protocol-based projects and funds to support their development. The Master Protocol enables the creation of a peer-to-peer exchange where traders can buy, sell and trade bitcoins for Mastercoins plus other digital […]

Las Vegas-based CoinSeed, a Bitcoin focused investment fund, recently raised over $7.5m in funding. Undisclosed private investors provided the capital. The company used the proceeds to purchase a total $5m worth of BitFury’s 55nm ASIC based Bitcoin mining hardware (from MegaBigPower), which is believed to be the largest private single sale of specialized Bitcoin mining […]

Creandum, a Stockholm, Sweden-based venture capital firm, has created a bitcoin database. “The Bitcoin Database“, which contains more than 300 bitcoin startups, aims to help entrepreneurs and investors get an overview and to further participate in building a viable bitcoin ecosystem. The open source database is open for everyone to use and update. According to […]

CoinJar, a Melbourne, Australia-based consumer Bitcoin exchange and digital wallet provider, raised AUD$500k in equity funding. The round was led by Niki Scevak of Blackbird Ventures, with participation from Torsten Hoffman, RetailMeNot founders Guy King and Bevan Clark, Rob Murray and Chris Hitchen. Co-founded by CEO Asher Tan and Ryan Zhou, CoinJar operates a platform […]

Coinplug, a Korean Bitcoin startup, raised $400k in funding. Silverblue, Inc., an investment company based in Cupertino, CA and led by KH Joo, made the investment. The company intends to use the funds to develop its platform. Founded in June 2013 and led by Ryan Uhr, CEO, Coinplug is developing a online and mobile Bitcoin […]

According to TechCrunch, BTC China, a Chinese bitcoin trading platform, raised $5m in Series A funding. Backers included Lightspeed China Partners and Lightspeed Venture Partners. The company intends to use the funds to expand operations. Founded in June 2011 by Bobby Lee, Linke Yang, and Xiaoyu Huang, BTC China provides a trading platform for users […]