“In order to keep up with the growing consumer and merchant demand for Bitcoin, we must scale. And in order to do that, we are pleased to announce that today we have secured a series B funding round totaling $25M, led by Andreessen Horowitz, with participation from existing investors Union Square Ventures and Ribbit Capital. With this funding, Andreessen Horowitz’s Chris Dixon will join our board, along with Union Square Ventures’ Fred Wilson. This investment represents the largest fundraise in Bitcoin to date (bringing our total raised to $31M). We see it as a key moment to show the opportunity of Bitcoin and the dramatic impact it will have on the global economy.”
http://blog.coinbase.com/post/69775463031/coinbase-raises-25-million-from-andreessen-horowitz
Tip Freedomwat.ch Staff with Bitcoin