Tech Company Financing Transactions

Coinbase Funding Round

Coinbase closed a $10 million Series A investment round on 12/12/2016. Investors included Andreessen Horowitz, private investors and Union Square Ventures.

Transaction Overview

Company Name
Coinbase
Announced On
12/12/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Andreessen Horowitz (Christopher Dixon)

Union Square Ventures (Brad Burnham)

Proceeds Purpose
The investment in the fund signals the belief among some venture capitalists and other players in the cryptocurrency and blockchain industry that the future will consist of multiple digital assets beyond the first one, bitcoin, and that one of the best ways to participate in the blockchain revolution is through investing in the tokens rather than in digital asset companies themselves.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
548 Market St. 23008
San Francisco, CA 94104
USA
Phone
(415) 843-1515
Website
www.coinbase.com
Email Address
[email protected]
Overview
Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
Profile
Coinbase LinkedIn Company Profile
Social Media
Coinbase Company Twitter Account
Company News
Coinbase News
Facebook
Coinbase on Facebook
YouTube
Coinbase on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brian Armstrong
  Brian Armstrong LinkedIn Profile  Brian Armstrong Twitter Account  Brian Armstrong News  Brian Armstrong on Facebook

 

 

Browse more venture capital transactions:

Prev: 12/12/2016: Vesper venture capital transaction
Next: 12/12/2016: BeatStars venture capital transaction

 

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