Tech Company Financing Transactions
Bitnet Technologies Funding Round
On 10/21/2014, Bitnet Technologies raised $14.5 million in Series A funding from Highland Capital Partners, Bitcoin Opportunity Fund and Commerce Ventures.
Transaction Overview
Company Name
Announced On
10/21/2014
Transaction Type
Venture Equity
Amount
$14,500,000
Round
Series A
Investors
Proceeds Purpose
The funding comes as Bitnet launches its platform and builds teams for sales, marketing and customer support.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
164 Townsend St. 11
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Not Recorded
Overview
Bitnet is building an industrial grade payment management platform to enable large, enterprise class merchants to accept digital currencies such as bitcoin. Bitnet provides guaranteed funds and removes price volatility for all digital currency transactions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John McDonnell
Chief Operating Officer
Brendan Smyth
Chief Technical Officer
Stephen McNamara
VP - Engineering
Fergal Downey
VP - Finance
Darragh Lee
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