Tech Company Financing Transactions

Coinbase Funding Round

Coinbase, based in San Francisco, secured $25 million from Andreessen Horowitz, Ribbit Capital and Union Square Ventures.

Transaction Overview

Company Name
Announced On
12/12/2013
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

Andreessen Horowitz (Lead Investor) (Christopher Dixon)

Ribbit Capital

Union Square Ventures (Fred Wilson)

Proceeds Purpose
We plan to use the funds to expand our team, continue to educate the market, and promote the mainstream adoption of Bitcoin. We'll also expand our referral program, where you can give and get $5 in bitcoin for free when you refer a friend who buys or sells at least $100 of bitcoin.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
548 Market St. 23008
San Francisco, CA 94104
USA
Email Address
Overview
Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
Profile
Coinbase LinkedIn Company Profile
Social Media
Coinbase Company Twitter Account
Company News
Coinbase News
Facebook
Coinbase on Facebook
YouTube
Coinbase on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brian Armstrong
  Brian Armstrong LinkedIn Profile  Brian Armstrong Twitter Account  Brian Armstrong News  Brian Armstrong on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/12/2013: Shippable venture capital transaction
Next: 12/12/2013: Highlight App venture capital transaction

 

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