Chain Receives $9,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d0da451-8091-4921-83e6-a15d60fadfe2
Date
8/21/2014
Company Name
Chain
Mailing Address
Undisclosed Los Angeles, CA 90067 USA
Company Description
We maintain a fleet of self-healing, auto-scaling Bitcoin nodes. Link indexes data from the nodes into Chain DB in real-time. Our PostgreSQL cluster is highly tuned for speed & data integrity.
Website
http://www.chain.com
Transaction Type
Venture Equity
Transaction Amount
$9,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The new funding will be used to expand the company’s team and build out its product offerings.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor