Ripple Labs Lands $28,000,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9afb183c-4c30-454a-af36-886f7116127b
Date
5/19/2015
Company Name
Ripple Labs
Mailing Address
268 Bush St. San Francisco, CA 94104 USA
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
$28,000,000
Transaction Round
Series A
Proceeds Purposes
This fundraising round will help Ripple Labs continue to grow its presence internationally.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor