Monday, January 13, 2014

Coinbase raises $25 Million


http://blog.coinbase.com/post/69775463031/coinbase-raises-25-million-from-andreessen-horowitz

Looking for a payment processor to replace Payza with but worried about some startup pulling some shady shit? Coinbase just got backed by another huge silicon valley vc firm

Aside from the amazing round of funding (enough to deal with those pesky thinks like money transmitter licencing, etc) some interesting excerpts from the post:

"With this funding, Andreessen Horowitz’s Chris Dixon will join our board, along with Union Square Ventures’ Fred Wilson."

"Separately, we’re also very pleased to share that Gavin Andresen has joined Coinbase as an advisor. For those of you who don’t know him, Gavin is the head developer of Bitcoin as an open source software project."

http://blog.coinbase.com/post/69775463031/coinbase-raises-25-million-from-andreessen-horowitz

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