Kleiner Perkins Makes First Bitcoin Startup Investment in Align Commerce
Align Commerce, San Francisco-based Blockchain payments processor announced the closure of a Series A funding round on Tuesday, November 17, with $12.5 million led by Kleiner Perkins. This marks the first time Venture Capital firm Kleiner Perkins Caufield & Byers (KPCB) has invested in a Bitcoin startup.
Randy Komisar, KPCB general partner and co-founder of Claris Corp., who will also be joining Align’s board said:
“We were looking for applications of the blockchain for the last couple of years in ways that could build real businesses and add real value that weren’t at the mercy of the currency valuation which will move up and down and all over the place.
Kleiner Perkins Makes First Bitcoin Startup Investment in Align Commerce
sevenfortwo
http://ift.tt/eA8V8J
from WordPress http://ift.tt/1luDhLG
via IFTTT
0 Comments