Tech Company Financing Transactions
Abra Funding Round
On 10/24/2017, Abra secured $16 million in Series B funding from American Express Ventures, Arbor Ventures and HCM International.
Transaction Overview
Company Name
Announced On
10/24/2017
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Mountain View Ln.
Mountain View, CA 92040
USA
Mountain View, CA 92040
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The Abra smartphone App combines on phone storage of digital cash with person to person cash transfers. Abra uses Bitcoin as the reserve currency. The consumer never has to see Bitcoin nor understand what Bitcoin is, they just see USD, MXP, EUR, etc. Consumers and digital currency exchangers, called Abra Tellers, all use the same Abra app.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Barhydt
Chief Technical Officer
Daryl Puryear
Vice President
Benjamin Liams
VP - Engineering
Willie Wang
VP - Marketing
Caroline Finch
VP - Sales
Robert Valdes-Rodriguez
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