Ripple Labs Receives $3,500,000 New Financing

  • Feed Type
  • Date
    11/13/2013
  • Company Name
    Ripple Labs
  • Mailing Address
    Undisclosed San Francisco, CA 94105
  • Company Description
    Ripple Labs is committed to a simple, global, and open currency and payment system. The team developed the Ripple protocol and its distributed payment network, and now works to support and promote its growth.
  • Website
    http://www.ripplelabs.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Ripple Labs will use the new funds to continue building developer and consumer tools that enhance and contribute to the Ripple ecosystem.
  • M&A Terms
  • Venture Investor
    Core Innovation Capital
  • Venture Investor
    Venture51
  • Venture Investor
    Camp Ventures
  • Venture Investor
    IDG Ventures SF
  • Venture Investor
    Google Ventures
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    FF Angel
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Bitcoin Opportunity Fund
  • Venture Investor
    Vast Ventures