Xapo Secures $20,000,000 New Financing Round

  • Feed Type
  • Date
    7/8/2014
  • Company Name
    Xapo
  • Mailing Address
    364 University Avenue Palo Alto, CA 94301 USA
  • Company Description
    At Xapo, we believe that bitcoin’s ultimate success will be based on trust – trust in the digital currency and trust in the industry’s service providers. That’s why we assembled a team of financial services and security experts to build a new usage and storage experience.
  • Website
    http://www.xapo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company plans to use the funds to make bitcoin more accessible to the general user and to further protect BTC in “cold storage” on their servers.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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