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Coinbase - Series B
Overview
Funding Date
December 12, 2013
Financing amount
$25M
Valuation
--
Catagory
Subcategory
About Coinbase - Series B
Coinbase has raised $25 million in a Series B round led by Andreessen Horowitz in the largest funding to date for a company focused on the Bitcoin digital currency. Existing investors Union Square Ventures and Ribbit Capital also participated. The round brings the total raised by Coinbase up to $31 million.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 143 | businessplans@a16z.com | ||
| Fund | United States of America | 2004 | 33 | info@unionsquareventures.com | ||
| Fund | United States of America | 2012 | 33 | info@ribbitcap.com |
Founders & Team
Brian Armstrong
Fred Ehrsam
Company Profile / Project Introduction
Coinbase is an online crypto platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. Also, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet. Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California. The vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system.