07 May '13, 10pm

Coinbase (YC S12) raises $5M from Union Square Ventures, largest financing round yet for a Bitcoin startup

Coinbase (YC S12) raises $5M from Union Square Ventures, largest financing round yet for a Bitcoin startup

Coinbase (YC S12) raises $5M from Union Square Ventures, largest financing round yet for a Bitcoin startup Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million investment led by Union Square Ventures . In an exclusive interview with The Wall Street Journal, Coinbase’s founders Fred Ehrsam and Brian Armstrong said the Series A deal–which followed a seed round in September 2012 of $600,000–will help the San Francisco company cover operating costs and hire engineers, designers and business-support staff. “We need 10 people yesterday,” said Ehrsam, a 24-year-old former Goldman Sachs trader. Armstrong, 30, was previously a software engineer at peer-to-peer housing startup Airbnb . Read the full article at the Wall Street Journal

Full article: http://blog.ycombinator.com/coinbase-yc-s12-raises-$5m-fr...

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Coinbase Nabs $5M in Biggest Funding for Bitcoi...

blogs.wsj.com 07 May '13, 9pm

Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million ...

Coinbase Nabs $5M in Biggest Funding for Bitcoi...

blogs.wsj.com 07 May '13, 9pm

Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million ...

@usv

usv.com 08 May '13, 10am

We have been thinking about and looking to make an investment in the Bitcoin ecosystem for several years. Today, we are ha...

The Most Important Early-Stage Investor Of The Last 10 Years Just Made A Huge Bet On Bitcoin

The Most Important Early-Stage Investor Of The ...

businessinsider.com 09 May '13, 12pm

just led his first startup deal in nearly two years. Wilson led a $5 million round in Coinbase, a startup for buying, sell...

Coinbase grew 15x in the past 3 months

Coinbase grew 15x in the past 3 months

blog.coinbase.com 06 May '13, 5pm

Coinbase Now Processing $15M Per Month In Bitcoin Buys and Sells Back in February we announced that over $1M USD worth of ...

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tualobang.blogspot.com 15 May '13, 2pm

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techcrunch.com 16 May '13, 2pm

Bitpay is the leading payment service provider (PSP) specializing in the peer-to-peer virtual currency Bitcoin which provi...