Friday, December 13, 2013

Bitcoin Statup Coinbase new VC Darling #$25MFunding

Do you want to share?

Do you like this story?

"Coinbase has raised $25 million in a Series B round led by Andreessen Horowitz in the largest funding to date for a company focused on the Bitcoin digital currency. Existing investors Union Square Ventures and Ribbit Capital also participated."

"Coinbase now has around 600,000 consumer wallets, according to co-founders Fred Ehrsam and Brian Armstrong. That’s up from 130,000 it announced in May alongside its first venture round of $5 million from Union Square Ventures."

"This growing number of Bitcoin users might make it especially attractive as a payments processor to merchants, of which it already has 16,000, as it would allow them to manage all Bitcoin transactions in a single place."

"Chris Dixon, who led the round for a16z, has been looking at Bitcoin seriously since he became a VC last year, and told us onstage at Disrupt New York in May that he was planning to make investments in Bitcoin-related companies. He’ll join the board along with Union Square Ventures’ Fred Wilson."

More at...

Link:  http://techcrunch.com/2013/12/12/coinbase-raises-25m-from-andreessen-horowitz-to-build-its-bitcoin-wallet-and-merchant-services/


Find out about...

Bitcoin (82) Infographic (30) Bitcion (26) Governments (18) 101 (14) Alts (13) Legal (12) Cryptocurrencies (11) Trading (10) Litecoin (9) MtGox (9) Startup (9) Cryptsy (8) Banking (6) China (6) Dogecoin (6) History (6) Investing (5) Mining (5) Value (5) Video (5) CoinBase (4) SIlkroad (4) Taxes (4) BitInstant (3) BitPay (3) Bitcoins (3) CNN (3) Canada (3) Charles Shrem (3) Economics (3) Inforgraphic (3) Mega (3) Miner (3) Money Transfer (3) Secondmarket (3) Taxation (3) Twitter (3) ASIC (2) Analytics (2) Bitstamp (2) Block Chain (2) Crashes (2) Gold (2) Hacking (2) Kim Dot Com (2) Kraples (2) Max Keiser (2) MaxCoin (2) Media (2) MegaCoin (2) Miners (2) Peercoin (2) RonPaulCoin (2) Technical (2) TigerDirect (2) Where (2) Winklevoss (2) bitcoins (2) 2014 (1) 42 (1) AMA (1) ASX (1) ATM (1) Academia (1) Amazon (1) Analyst Report (1) Andreessen Horowitz (1) Android (1) Australia (1) Avalon ASIC (1) BITFINEX (1) BTC-e (1) BTCE (1) BTCEX (1) BTCKing (1) BTX (1) Barter (1) BattleCoin (1) Berenberg (1) Bitcoin Days (1) Bitcoin as Commodity (1) Blockchain (1) Blockchain.info (1) Bloomberg (1) Bobby Lee (1) Books (1) Central Banks (1) CoinTerra (1) Coinye (1) Coinye West (1) Credit Cards (1) Denmarl. Bitcoin (1) Detroit (1) Dollar (1) El-Erian (1) Elliott Management (1) Encryption (1) Europe (1) Exhanges (1) FaceBook (1) Feathercoin (1) FinCen (1) Finland (1) Forex (1) Fred Ehrsam (1) Fun (1) Funding (1) Goldman (1) Greenbank (1) Hashtag (1) Heineken (1) Helsinki (1) Hoarder metrics (1) Igor (1) Investigation (1) JPMorgan (1) Japan (1) Jet (1) Kayne (1) Landscape (1) Las Vegas (1) Li Ka-shing (1) Linux (1) Liquidity (1) Local Bitcoins (1) MAS (1) Mac (1) Markets (1) Masses (1) Matrix (1) Mexico (1) Michigan (1) Millennials (1) Mint (1) MoonCoin (1) Namecoin (1) Neo (1) New York (1) Novacoin (1) OS (1) Online Wallet (1) OpenSourceCoin (1) Options (1) Overstock (1) PBOC (1) PIMCO (1) Pakistan (1) Payment Networks (1) Paypal (1) Pintrest (1) Police (1) Primecoin (1) Princeton (1) Publishing (1) Quark (1) Rap (1) Reddit (1) Ribbit Capital (1) Robbers (1) Robert Faiella (1) Roger Ver (1) Russia (1) Salary (1) Satoshi Nakamoto (1) Sberbank (1) Series B (1) Sigapore (1) Singapore (1) SolarCoin (1) Spanish (1) Staoshi Nakamoto (1) Statistics (1) Subway (1) Sweden (1) Switzerland (1) Tesla (1) The D (1) Transaction (1) TurboTax (1) USB (1) Union Square Ventures (1) VC (1) Velocity (1) VisualCapitalist (1) Volatility (1) Western Union (1) What to Buy WIth Bitcoin? (1) Windows (1) Zanga (1) cagecoin (1) cionye (1) democracy (1) enviornment (1) fiat (1) kanye (1) voting (1)