Tech Company Financing Transactions
POSaBIT Funding Round
POSaBIT secured a $1.5 million funding round on 7/10/2017. Backers included Digital Currency Group.
Transaction Overview
Company Name
Announced On
7/10/2017
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and business reach.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1128 8th St.
Kirkland, WA 98033
USA
Kirkland, WA 98033
USA
Phone
Undisclosed
Website
Email Address
Overview
POSaBIT is a financial technology company that creates an easy way for consumers to acquire digital currency at the point of sale. They can then use the virtual currency to make purchases at that store through the POSaBIT system, or make purchases anywhere that accepts digital currency, such as bitcoin or litecoin, as a form of payment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Hamlin
Chief Technical Officer
Andrew Sweet
Controller
Jennifer Yujas
VP - Operations
Steve Mitchell
VP - Sales
Jon Baugher
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Prev: 7/10/2017: MicroTransponder venture capital transaction
Next: 7/10/2017: Solera Health venture capital transaction
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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