Bitcoin chip company BitFury raised $20 mln in under a week
BitFury said it has raised an additional $20 million. The company, which makes specialized chips for bitcoin mining, said the new money came from "internal and external" sources, with the majority coming from external sources, including venture capitalist Bill Tai, former VeriFone CFO Bob Dykes, and Google Maps co-founder Lars Rasmussen. The Georgian Co-Investment Fund also participated. “The fact that we closed this funding round in less than a week is a testament to investors’ trust in our business model and execution capabilities," BitFury founder and CEO Valery Vavilov said in a prepared statement.
9 October 2014•3 mins read
