BitFury Obtains $20,000,000 New Financing Round

  • Feed Type
  • Date
    6/3/2014
  • Company Name
    BitFury
  • Mailing Address
    301 Mission St. San Francisco, CA 95030 USA
  • Company Description
    BitFury are a dynamic team of individuals, with the drive and passion to achieve a common goal – to push the boundaries of science and technology, introducing truly groundbreaking, state of the art products which facilitate bitcoin itself, the bitcoin network and infrastructure.
  • Website
    http://www.bitfury.org
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
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