Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b87f136f-0ced-4a39-b36e-1b3525b504b7&Preview=1
Date 4/16/2013
Company Name OpenCoin
Mailing Address Undisclosed San Francisco, CA 94102
Company Description The opencoin project is about “digital cash”. We develop a protocol to use the original idea of electronic cash in daily life. For this we also develop a system consisting of minting software, wallet software and everything that is necessary to have a system for anonymous electronic transactions.
Proceeds Purposes The investment will be used to expand the Ripple protocol, a virtual currency and payments system that makes it fast, easy and essentially free for anyone in the world to trade any amount of money in any currency.