Coinsetter, a New York City-based bitcoin startup, closed a $500k seed funding. Backers include Barry Silbert, CEO and founder of SecondMarket, Jimmy Furland, a London-based tech entrepreneur who invested in the company through his Bitcoin Opportunity Fund, Tribeca Venture Partners, a NYC-based venture capital firm, Charles Songhurst, Microsoft head of corporate strategy Ben Davenport, Facebook […]

OpenCoin, a San Francisco, CA-based developer of a virtual currency and payments system, closed an angel round of funding. The amount of the funding was not disclosed. Backers included Andreessen Horowitz, FF Angel IV, Lightspeed Venture Partners, Vast Ventures, and Bitcoin Opportunity Fund, an investment vehicle for Bitcoins and Bitcoin-related companies. The company intends to […]

BitPay, Inc., an Atlanta, GA-based developer of bitcoin payment processing solutions, has expanded its seed funding (read here about the recently announced $510k round). The startup has added Ben Davenport, Trace Mayer, and A-GRade Investments to previsous angels Shakil Khan, Barry Silbert, Jimmy Furland, Roger Ver and others. Started in 2011 by CEO Anthony Gallippi […]

BitPay, Inc., an Atlanta, GA-based provider of bitcoin payment processing solutions, closed a seed funding of $510k. Investors included Shakil Khan, Barry Silbert, Jimmy Furland, Roger Ver, who paid his investment contribution using bitcoins, and other angel investors. The company intends to use the capital to open their Technology Center in Atlanta, move their headquarters […]