Coinbase Obtains $25,000,000 Series B Financing Round

  • Feed Type
  • Date
    12/12/2013
  • Company Name
    Coinbase
  • Mailing Address
    Undisclosed San Francisco, CA 94105
  • Company Description
    Coinbase is an international digital wallet that allows you to securely buy, use, and accept Bitcoin currency.
  • Website
    http://www.coinbase.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Union Square Ventures
  • Venture Investor
    Ribbit Capital