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05-13-2014, 08:11 PM
BitPay **w Top-Funded Bitcoin Startup After Raising $30 Million
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There's a new leader in the Bitcoin startup space, at least in terms of funding.
BitPay (https://bitpay.com), a bitcoin payment processor, an**unced Tuesday that it raised a $30 million ****** A round of funding, bringing its total funding to date to $32.7 million. That makes BitPay the top venture funded bitcoin startup to date — a fact the company isn't shy about touting in its release (http://www.businesswire.com/news/home/20140513005548/en/Bitcoin-Payments-Pioneer-BitPay-Raises-Record-30M#.U3IWu61dX3M).
"[We] have always felt that bitcoin needed investable companies if bitcoin and BitPay are going to succeed," Stephen Pair, cofounder and CEO of BitPay, told Mashable. That said, Pair says his startup didn't need a ton of capital **r did it set out to raise the biggest round in bitcoin history. Read more... (http://mashable.com/2014/05/13/bitpay-funding-bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1399997259 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1399997259)http://feeds.feedburner.com/~r/Mashable/~4/iyXxqwgUHd0
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There's a new leader in the Bitcoin startup space, at least in terms of funding.
BitPay (https://bitpay.com), a bitcoin payment processor, an**unced Tuesday that it raised a $30 million ****** A round of funding, bringing its total funding to date to $32.7 million. That makes BitPay the top venture funded bitcoin startup to date — a fact the company isn't shy about touting in its release (http://www.businesswire.com/news/home/20140513005548/en/Bitcoin-Payments-Pioneer-BitPay-Raises-Record-30M#.U3IWu61dX3M).
"[We] have always felt that bitcoin needed investable companies if bitcoin and BitPay are going to succeed," Stephen Pair, cofounder and CEO of BitPay, told Mashable. That said, Pair says his startup didn't need a ton of capital **r did it set out to raise the biggest round in bitcoin history. Read more... (http://mashable.com/2014/05/13/bitpay-funding-bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1399997259 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1399997259)http://feeds.feedburner.com/~r/Mashable/~4/iyXxqwgUHd0