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Bitcoin startup Chain raises $9.5m

21 August 2014  |  2701 views  |  0 Source: Chain

Today, we’re pleased to announce that Chain has closed a $9.5M round of funding led by Khosla Ventures, who are joined by return backers RRE Ventures, Thrive Capital, and SV Angel.

Keith Rabois from Khosla has joined our board and brings a wealth of operational and financial wisdom to our team. Several other invaluable angel investors and specialist funds participated in the financing and have become key strategic partners.

This funding will allow us to invest heavily in building the world’s most reliable and robust bitcoin infrastructure for developers, enterprises, and financial institutions. We are so grateful to you - our early users - who relied on us to power your bitcoin applications and provided us with incredible feedback as we shaped our initial offering.

We are thrilled to be your partners and can’t wait to show you what we’re working on now! Watch this space for more. 

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