Announcing Our Series A

Growth, the Future and New Partners

In January, Blockchain passed a million users. Since then, growth has only accelerated and we have recently celebrated 2.3 million consumer wallets.

As a team, we could not be more honored and privileged by the trust that our users place in us. We take the responsibility that goes along with the honor very seriously and as we thought about the next five years for our users and for the company, we knew it was time to bring on additional resources.

We searched long and hard for the right investors to bring onto the team to help us scale, to advise us, and work with us to bring bitcoin to the next 20 million people.

Today, we are excited to announce we have closed a Series A round of over 30M of growth capital, co-lead by Lightspeed Venture Partners and Wicklow Capital.

Jeremy Liew, and his team at Lightspeed Venture Partners, were one of the very first Sillicon Valley firms to begin actively following the bitcoin space – right back to the San Jose conference. We knew we shared a vision and a passion for what the future should look like and knew that they could help us scale, grow, and bring bitcoin to mainstream consumers around the world.

We also knew we would need partners from the financial services world.  Wicklow Capital is the personal investment vehicle for the founders of GETCO (now KCG), a global market leader in technology enabled trading and financial services.  Wicklow brings knowledge and resources to the company that we are excited to have access to.

In addition to our two leads, we are bringing Richard Branson, Mosaic Ventures, Prudence Holdings and some strategic angels on board to further leverage our ability to grow and bring bitcoin to the next 20 million consumers.

Most of all, we are excited to be leading one of the most dynamic and awesome teams in the world. Blockchain is where it is today because of you, our users, and the most passionate and scrappy teams we have ever worked with.

For more, please head to @Blockchain or www.blockchain.com

Sincerely,

Ben, Peter and Nic

3 Comments

  1. That’s absolutely incredible. Love my blockchain wallet. tyvm for all ur hard work. #bitcoin rocks!

  2. I’m a UK based freelance reporter, I’m writing a piece on Blockchain and its potential role in food technology…

    I’d love to get some responses to the following – can you point me to a press contact?

    1) What is the potential of the role blockchain could have beyond bitcoin and financial services?

    2) Could it be the future of transparency, just like RFID helped a few years ago?

    3) When may blockchain reach the mainstream? What is aiding or hindering this?

    4) It might be interesting to have one space dedicated to the role for emerging technologies in demonstrating origin and securing trust within supply chains? Could blockchain help with this?

    5) What is the potential for blockchain’s role in the food industry?

    6) Could blockchain develop healthier, more sustainable food, using competitive markets?

    Thanks! Please could you let me know who I should contact?

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