Gem Secures $7,100,000 Series A Funding Round

  • Feed Type
  • Date
    1/6/2016
  • Company Name
    Gem
  • Mailing Address
    1410 Abbot Kinney Blvd. Venice, CA 90291 USA
  • Company Description
    Gem (previously BitVault) empowers developers to rapidly build apps and solutions using Bitcoin and cryptocurrency without needing to be experts in cryptography, security or the underlying protocols. They provide bank-grade security on cryptocurrency for developer apps without ever taking possession of funds.
  • Website
    http://www.gem.co
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,100,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed by the company.
  • M&A Terms
  • Venture Investor
    Pelion Venture Partners
  • Venture Investor
    KEC Holdings
  • Venture Investor
    Digital Currency Group
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Blockchain Capital
  • Venture Investor
    Undisclosed