Tech Company Financing Transactions
BitFury Group Funding Round
BitFury Group, based in Washington, secured $20 million from Binary Financial, Crypto Currency Partners and Georgian Co-Investment Fund.
Transaction Overview
Company Name
Announced On
6/3/2014
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Bitfury will use the proceeds from this financing to build out its facilities in strategic international locations, accelerate its production of the next generation of bespoke semiconductors, or ASICs (Application Specific Integrated Circuits) and servers, and develop opportunities in adjacent business areas.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1440 G St. NW 900
Washington, DC 20001
USA
Washington, DC 20001
USA
Phone
Undisclosed
Website
Email Address
Overview
The BitFury Group makes it possible to securely move an asset, peer-to-peer, across the public Blockchain. We develop and deliver both the software and the hardware solutions necessary to transfer highly secured applications on the public Blockchain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
George Kikvadze
Chief Executive Officer
Valery Vavilov
Chief Financial Officer
Jeremy Sewell
Chief Information Officer
Alex Petrov
VP - General Counsel
Nicola Mariani
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