Kraken Obtains $5,000,000 Series A Funding Round

  • Feed Type
  • Date
    3/25/2014
  • Company Name
    Kraken
  • Mailing Address
    548 Market Street San Francisco, CA 94104 USA
  • Company Description
    Fortune favors the bold — and fortune also favors robust technology, rock-solid security, and a proactive approach to regulatory compliance. Payward combines years of experience in the virtual goods and currency markets with a highly skilled engineering team and a host of carefully cultivated banking and finance relationships.
  • Website
    http://www.kraken.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    We’re looking forward to forging strong bank relationships in the US and elsewhere in the world, as we have in the EU, and expanding our global footprint.
  • M&A Terms
  • Venture Investor
  • Venture Investor