16 Sep '13, 6pm

Bitcoin wallet Armory raises $600k in seed funding - CoinDesk

Bitcoin wallet Armory raises $600k in seed funding - CoinDesk

Secure bitcoin wallet Armory has raised $600k in funding from a number of prominent investors. The seed round investment was partially made in bitcoin, and featured a contribution from entrepreneur, journalist and avid freedom of speech defender Trace Mayer. Las Vegas-based entrepreneur and Harvard University graduate Kevin Bombino also invested, as did Jim Smith, a fund manager and private investor. Alan Reiner, founder and CEO of Armory , said he was “super excited” about the investment. “This project has been an obsession of mine for the last two years, and I had been looking for an excuse to quit my job and work on it full-time,” he added. Reiner, who previously worked as a physicist at Johns Hopkins University, said he is a great believer in bitcoin and thinks he can truly make an impact on the digital currency’s success now he has the time to develop Armory. The majo...

Full article: http://www.coindesk.com/bitcoin-wallet-armory-raises-600k...

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