Investors put $116 million in bitcoin startup 21 Inc: WSJ
March 11, 2015 7:01 am
Silicon valley startup 21 Inc raised $116 million in venture funding to help widen the uses of bitcoin technology, the Wall Street Journal reported.
The lead investors include venture capital firms such as Andreessen Horowitz and RRE Ventures, with chipmaker Qualcomm Inc owning a strategic stake through its venture-capital unit, the newspaper said.
WSJ said 21 Inc hasn’t revealed how it plans to use the funds.
The material has been provided by InstaForex Company – www.instaforex.com
Silicon valley startup 21 Inc raised $116 million in venture funding to help widen the uses of bitcoin technology, the Wall Street Journal reported.
The lead investors include venture capital firms such as Andreessen Horowitz and RRE Ventures, with chipmaker Qualcomm Inc owning a strategic stake through its venture-capital unit, the newspaper said.
WSJ said 21 Inc hasn’t revealed how it plans to use the funds.
The material has been provided by InstaForex Company – www.instaforex.com
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