Top Bitcoin VCs Back Coinapult’s $775k Funding Round
Coinapult has raised $775,000 in funding from a group of notable investors and investment firms, including Barry Silbert’s Bitcoin Opportunity Corp, angel investor Roger Ver and technology-focused VC firm FirstMark Capital.
The Panama-based bitcoin wallet service provider raised the capital through two rounds of funding, and aims to use the money for additional marketing and product improvements.
Speaking to CoinDesk, Coinapult CFO and COO Justin Blincoe indicated that the biggest benefit for his company will be the expertise of its now-solidified investor group, which he characterized as essential to his company’s success in an increasingly crowded bitcoin wallet market.
Blincoe told CoinDesk:
This post was published at Coin Desk on October 1, 2014.