DC Magnates Crypto Deal Table
The DC Magnates Cryptocurrency Deal Table tracks venture investing, mergers and acquisitions (M&A), and asset purchases from August 2014 with notable previous deals also included in the list. The table provides a resource to the industry of what deals are taking place and where key investors are placing there money. (Did we miss anything, let us know at info@dcmagnates.com)
[table caption="2015" width="600" colwidth="100|100|100|150|150" colalign="left|center|center|center|left"]
Company, Investment Type, Amount, Acquirer/Notable Investors, Story
March
CoinTrader,Strategic Investment,$1.18 Million,Newnote Financial,Canadian Bitcoin Exchange CoinTrader to Go Public in $1.18 Million Deal with Newnote Financial
ShapeShift,Venture,$793000,Barry Silbert and Roger Ver,ShapeShift Raises £525k Erik Voorhees Comes Forward as Creator
21 Inc.,Venture,$116 Million,Andreessen Horowitz RRE Ventures Yuan Capital Qualcomm,21 Inc. Comes Out of Stealth Mode to Announce Record Funding of $116 Million
February
QuadrigaCX,Venture,$673200,Haywood Securities Jordan Capital Markets PI Financial Wolverton Securities,QuadrigaCX to Become First Publicly Traded Bitcoin Exchange
Ledger,Seed,$1.48 million,XAnge Private Equity,Hardware Wallet Startup Ledger Gets $1.48 Million in Funding to Develop Product Suite
BitPesa,Venture,$1.1 million,Pantera Capital,BitPesa Raises $1.1 Million Looking to Expand Remittance Services to Tanzania Uganda
HashRabbit,Seed,$500000,Draper Associates VegasTechFund,Mining Software Startup HashRabbit Gets $500K in Funding
NeuCoin,Seed,$2.25 million,Misc. Angel Investors,NeuCoin Gets $2.25 Million Funding from Angel Investors Offers Simplicity Over Bitcoin in Appeal to Masses
KnCMiner,Venture,$15 million,Accel Partners,KnCMiner Gets $15 Million Boost Completes Tape-out of 16 nm ASIC
Bonafide,Seed,850000,Quest Venture Partners Crypto Currency Partners AngelList Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term Syndicate,Bonafide Gets $850K in Funding to Help Bring Identities Back to Bitcoin
January
BitGold,Private Placement/Warrant,$8.69 million,Canaccord Genuity Corp Clarus Securities Dundee Securities GMP Securities Sprott Inc,BitGold Going Public Sprott Lead Order Among Institutions Committing C$11 Million
BitFlyer,Venture,$1.1 million,Recruit Strategic Partners and GMO Venture Partners,BitFlyer Gets $1.1 Million in Funding Looking to Expand Beyond Japan
Colu,Seed,$2.5 million,Aleph Spark Capital,Colored Coins Startup Colu Gets $2.5 Million Investment
Allied Control,Strategic Investment,unknown,Bitfury,Bitfury Acquires Immersion Cooling Startup Will Allow Mining Outside of Cool Climates
Coinbase,Venture,$75 million,DFJ NYSE USAA Bank BBVA,Coinbase Secures Record $75 Million Investment Led by DFJ
Trustatom,Seed,$100000,Brian Cartmell Vinny Lingham,Trustatom Raises $100k in Funding to Help Other Startups Get Funding
BlockCypher,Seed,$3 million,Tim Draper,Blockchain Web Service BlockCypher Raises $3 Million in Seed Funding
LibertyX,Seed,$404104,Project 11,LibertyX Gets $400k Boost Looks to Further Expand Bitcoin ATM Operations
GetGems,Venture,$400000,Magma VC,GetGems Funding reaches $1 Million with $400k Investment from Magma VC
[/table]
[table caption="2014" width="600" colwidth="100|100|100|150|150" colalign="left|center|center|center|left"]
Company, Investment Type, Amount, Acquirer/Notable Investors, Story
December
Unnamed Broker-dealer,250000,Strategic Investment,Overstock.com,SEC Filing: Overstock Buys 25% Stake in Broker-Dealer for 250k to Develop Cryptosecurities
Bitreserve,Venture,$9.3 million,Crowdcube,Bitreserve Surpasses £6000000 Funding Target on Crowdcube 16 Days Ahead of Schedule
BitGold,Venture,$3.5 million,PowerOne Capital Soros Brothers Investments Sandstorm Gold PortVesta Holdings,BitGold Secures $3.5 Million in Funding Looks to Make Gold Accessible for Transactions
GoCoin,Strategic Investment,unknown,GAW Miners,GoCoin reportedly gets investment from GAW to integrate Paycoin
Peernova,Venture,$8.6 million,Mosaik Partners,Peernova Gets $8.6 Million in Funding to Focus on Enterprise Blockchain Software
ChangeTip,Venture,$3.5 million,Pantera Capital,ChangeTip raises $3.5 million user count growing by 30% monthly
November
Purse.io,Seed,$300000,Roger Ver Charlie Lee Bobby Lee,Purse.io gets $300k in funding annonces VIP membership
Blockstream,Venture,$21 million,Reid Hoffman Khosla Ventures and Real Ventures,Tech leaders affirm their faith in sidechains invest $21 million in Blockstream
Buttercoin,Strategic Investment,Unknown,Wedbush Securities,Wedbush Securities invests undisclosed amount in Buttercoin to leverage exchange’s technology
Coinffeine,Venture,Unknown,Bankinter,Spanish bank Bankinter invests in p2p bitcoin exchange Coinffeine
DogeTipBot,Venture,$445000,Blackbird Ventures,DogeTipBot gets $445k investment to grow audience and improve user experience
October
BitLendingClub,Seed Funding,€200000,LAUNCHub,BitLendingClub gets €200000 seed funding partners with Jumio
Spondoolies-Tech,Venture,$5 million,Agile Wings BRM Group and Genesis Partners,Spondoolies-Tech gets $5 million in Series B funding aiming for 16 nm ASIC in 2015
GoCoin,Strategic Investment,Unknown,BitFury Capital,BitFury’s next stop- GoCoin: Mining giant to use processor for global payments
Bitnet Technologies, Venture, $14.5 Million, Highland Capital and Rakuten, Bitnet Technologies Raises $14.5 Million
Melotic,Seed Funding,$1.175 million,Ceyuan Ventures,Record-breaking October sees nearly $80 million in crypto investment activity
AlphaPoint,Venture,$1.35 million,DuckDuckGo andRobin Hood Ventures and Ben Franklin Technology Partners,AlphaPoint discusses growth plans sees bitcoin trading volume increasing as industry matures
BitFury,Venture,$20 Million,Bill Tai and Georgian Co-Investment Fund,Record-breaking October sees nearly $80 million in crypto investment activity
Coinplug,Venture,$2.5 Million,Mirae Asset Venture Investment,Record-breaking October sees nearly $80 million in crypto investment activity
Libra, Seed Funding, $500000, Liberty City Ventures, Libra Raises $500000 Seed Round
SNAPCARD,Venture,$1.5 Million,Tim Draper,SNAPCARD gets $1.5 million in seed funding launching merchant service
SolidX,Venture,$3 Million,Liberty City Ventures and James Pallotta,SolidX gets $3 million boost looks to bring bitcoin to institutional investors with “total return swaps”
Blockchain
Blockchain
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe
Read this Term, Venture, $30 Million, Lightspeed Ventures and Sir Richard Branson, All Star Investors Back Blockchain in Record $30Million Financing Round
Coin Outlet,Strategic Investment,$50000,Bitcoin Shop,Bitcoin Shop gets into ATM business invests 50k in Coin Outlet with option for another 100k
September
KnCMiner, Venture, $14 Million, Creandum, KnCMiner gets $14 million in Series A funding
BitGo, Strategic Investment, Unknown, BitFUry Capital, BitFury invests in BitGo and selects them for treasury management needs
Gem, Venture, $2 Million, First Round Capital and Tekton Ventures, Bitcoin wallet platform Gem gets $2 million in funding
Koinify, Venture, $1 Million, Brock Pierce Angel List Syndicate and IDG Capital, Decentralized crowdfunder Koinify gets another $1 million in funding
CoinPlus, Seed Funding, $221887 (€172500), Technoport, Luxembourg startup CoinPlus gets €172500 in seed funding
Coinapult, Venture, $775000, First Mark Capital, Coinapult gaining prominence as it secures 775k in venture funding
August
Uncooin, Venture, $250000, Barry Silbert/Bitcoin Oppurtunity Fund, First Indian Investment for Barry Silbert as he investsin Unocoin
Bitbond, Venture, $268000 (€200000), Point Nine Capital,Bitcoin lending platform Bitbond gets €200000 in seed funding
BlockTrail, Venture, $669310 (€500000), BlockCorp, A Google Analytics for the Blockchain? BlockCorp launches BlockTrail
Chain, Venture, $9.5 Million, Khosla Ventures and Pantera Capital, Chain gets another $9.5 million in funding to work on ‘zero confirmation’ transactions
Storj, Crowdfunding, $455000 (910BTC), The World, Storj closes Crowdsale after raising 910BTC (9% of target)
Korbit, Venture, $3 Million, Softbank Ventures Korea and Tim Draper, Korea-based Korbit gets $3 million in Series A funding
[/table]
DC Magnates Crypto Deal Table
The DC Magnates Cryptocurrency Deal Table tracks venture investing, mergers and acquisitions (M&A), and asset purchases from August 2014 with notable previous deals also included in the list. The table provides a resource to the industry of what deals are taking place and where key investors are placing there money. (Did we miss anything, let us know at info@dcmagnates.com)
[table caption="2015" width="600" colwidth="100|100|100|150|150" colalign="left|center|center|center|left"]
Company, Investment Type, Amount, Acquirer/Notable Investors, Story
March
CoinTrader,Strategic Investment,$1.18 Million,Newnote Financial,Canadian Bitcoin Exchange CoinTrader to Go Public in $1.18 Million Deal with Newnote Financial
ShapeShift,Venture,$793000,Barry Silbert and Roger Ver,ShapeShift Raises £525k Erik Voorhees Comes Forward as Creator
21 Inc.,Venture,$116 Million,Andreessen Horowitz RRE Ventures Yuan Capital Qualcomm,21 Inc. Comes Out of Stealth Mode to Announce Record Funding of $116 Million
February
QuadrigaCX,Venture,$673200,Haywood Securities Jordan Capital Markets PI Financial Wolverton Securities,QuadrigaCX to Become First Publicly Traded Bitcoin Exchange
Ledger,Seed,$1.48 million,XAnge Private Equity,Hardware Wallet Startup Ledger Gets $1.48 Million in Funding to Develop Product Suite
BitPesa,Venture,$1.1 million,Pantera Capital,BitPesa Raises $1.1 Million Looking to Expand Remittance Services to Tanzania Uganda
HashRabbit,Seed,$500000,Draper Associates VegasTechFund,Mining Software Startup HashRabbit Gets $500K in Funding
NeuCoin,Seed,$2.25 million,Misc. Angel Investors,NeuCoin Gets $2.25 Million Funding from Angel Investors Offers Simplicity Over Bitcoin in Appeal to Masses
KnCMiner,Venture,$15 million,Accel Partners,KnCMiner Gets $15 Million Boost Completes Tape-out of 16 nm ASIC
Bonafide,Seed,850000,Quest Venture Partners Crypto Currency Partners AngelList Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term Syndicate,Bonafide Gets $850K in Funding to Help Bring Identities Back to Bitcoin
January
BitGold,Private Placement/Warrant,$8.69 million,Canaccord Genuity Corp Clarus Securities Dundee Securities GMP Securities Sprott Inc,BitGold Going Public Sprott Lead Order Among Institutions Committing C$11 Million
BitFlyer,Venture,$1.1 million,Recruit Strategic Partners and GMO Venture Partners,BitFlyer Gets $1.1 Million in Funding Looking to Expand Beyond Japan
Colu,Seed,$2.5 million,Aleph Spark Capital,Colored Coins Startup Colu Gets $2.5 Million Investment
Allied Control,Strategic Investment,unknown,Bitfury,Bitfury Acquires Immersion Cooling Startup Will Allow Mining Outside of Cool Climates
Coinbase,Venture,$75 million,DFJ NYSE USAA Bank BBVA,Coinbase Secures Record $75 Million Investment Led by DFJ
Trustatom,Seed,$100000,Brian Cartmell Vinny Lingham,Trustatom Raises $100k in Funding to Help Other Startups Get Funding
BlockCypher,Seed,$3 million,Tim Draper,Blockchain Web Service BlockCypher Raises $3 Million in Seed Funding
LibertyX,Seed,$404104,Project 11,LibertyX Gets $400k Boost Looks to Further Expand Bitcoin ATM Operations
GetGems,Venture,$400000,Magma VC,GetGems Funding reaches $1 Million with $400k Investment from Magma VC
[/table]
[table caption="2014" width="600" colwidth="100|100|100|150|150" colalign="left|center|center|center|left"]
Company, Investment Type, Amount, Acquirer/Notable Investors, Story
December
Unnamed Broker-dealer,250000,Strategic Investment,Overstock.com,SEC Filing: Overstock Buys 25% Stake in Broker-Dealer for 250k to Develop Cryptosecurities
Bitreserve,Venture,$9.3 million,Crowdcube,Bitreserve Surpasses £6000000 Funding Target on Crowdcube 16 Days Ahead of Schedule
BitGold,Venture,$3.5 million,PowerOne Capital Soros Brothers Investments Sandstorm Gold PortVesta Holdings,BitGold Secures $3.5 Million in Funding Looks to Make Gold Accessible for Transactions
GoCoin,Strategic Investment,unknown,GAW Miners,GoCoin reportedly gets investment from GAW to integrate Paycoin
Peernova,Venture,$8.6 million,Mosaik Partners,Peernova Gets $8.6 Million in Funding to Focus on Enterprise Blockchain Software
ChangeTip,Venture,$3.5 million,Pantera Capital,ChangeTip raises $3.5 million user count growing by 30% monthly
November
Purse.io,Seed,$300000,Roger Ver Charlie Lee Bobby Lee,Purse.io gets $300k in funding annonces VIP membership
Blockstream,Venture,$21 million,Reid Hoffman Khosla Ventures and Real Ventures,Tech leaders affirm their faith in sidechains invest $21 million in Blockstream
Buttercoin,Strategic Investment,Unknown,Wedbush Securities,Wedbush Securities invests undisclosed amount in Buttercoin to leverage exchange’s technology
Coinffeine,Venture,Unknown,Bankinter,Spanish bank Bankinter invests in p2p bitcoin exchange Coinffeine
DogeTipBot,Venture,$445000,Blackbird Ventures,DogeTipBot gets $445k investment to grow audience and improve user experience
October
BitLendingClub,Seed Funding,€200000,LAUNCHub,BitLendingClub gets €200000 seed funding partners with Jumio
Spondoolies-Tech,Venture,$5 million,Agile Wings BRM Group and Genesis Partners,Spondoolies-Tech gets $5 million in Series B funding aiming for 16 nm ASIC in 2015
GoCoin,Strategic Investment,Unknown,BitFury Capital,BitFury’s next stop- GoCoin: Mining giant to use processor for global payments
Bitnet Technologies, Venture, $14.5 Million, Highland Capital and Rakuten, Bitnet Technologies Raises $14.5 Million
Melotic,Seed Funding,$1.175 million,Ceyuan Ventures,Record-breaking October sees nearly $80 million in crypto investment activity
AlphaPoint,Venture,$1.35 million,DuckDuckGo andRobin Hood Ventures and Ben Franklin Technology Partners,AlphaPoint discusses growth plans sees bitcoin trading volume increasing as industry matures
BitFury,Venture,$20 Million,Bill Tai and Georgian Co-Investment Fund,Record-breaking October sees nearly $80 million in crypto investment activity
Coinplug,Venture,$2.5 Million,Mirae Asset Venture Investment,Record-breaking October sees nearly $80 million in crypto investment activity
Libra, Seed Funding, $500000, Liberty City Ventures, Libra Raises $500000 Seed Round
SNAPCARD,Venture,$1.5 Million,Tim Draper,SNAPCARD gets $1.5 million in seed funding launching merchant service
SolidX,Venture,$3 Million,Liberty City Ventures and James Pallotta,SolidX gets $3 million boost looks to bring bitcoin to institutional investors with “total return swaps”
Blockchain
Blockchain
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe
Read this Term, Venture, $30 Million, Lightspeed Ventures and Sir Richard Branson, All Star Investors Back Blockchain in Record $30Million Financing Round
Coin Outlet,Strategic Investment,$50000,Bitcoin Shop,Bitcoin Shop gets into ATM business invests 50k in Coin Outlet with option for another 100k
September
KnCMiner, Venture, $14 Million, Creandum, KnCMiner gets $14 million in Series A funding
BitGo, Strategic Investment, Unknown, BitFUry Capital, BitFury invests in BitGo and selects them for treasury management needs
Gem, Venture, $2 Million, First Round Capital and Tekton Ventures, Bitcoin wallet platform Gem gets $2 million in funding
Koinify, Venture, $1 Million, Brock Pierce Angel List Syndicate and IDG Capital, Decentralized crowdfunder Koinify gets another $1 million in funding
CoinPlus, Seed Funding, $221887 (€172500), Technoport, Luxembourg startup CoinPlus gets €172500 in seed funding
Coinapult, Venture, $775000, First Mark Capital, Coinapult gaining prominence as it secures 775k in venture funding
August
Uncooin, Venture, $250000, Barry Silbert/Bitcoin Oppurtunity Fund, First Indian Investment for Barry Silbert as he investsin Unocoin
Bitbond, Venture, $268000 (€200000), Point Nine Capital,Bitcoin lending platform Bitbond gets €200000 in seed funding
BlockTrail, Venture, $669310 (€500000), BlockCorp, A Google Analytics for the Blockchain? BlockCorp launches BlockTrail
Chain, Venture, $9.5 Million, Khosla Ventures and Pantera Capital, Chain gets another $9.5 million in funding to work on ‘zero confirmation’ transactions
Storj, Crowdfunding, $455000 (910BTC), The World, Storj closes Crowdsale after raising 910BTC (9% of target)
Korbit, Venture, $3 Million, Softbank Ventures Korea and Tim Draper, Korea-based Korbit gets $3 million in Series A funding
[/table]
