Gem Obtains $1,300,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52f68016-07a2-4329-8224-f7a07ee0c78a - Date
4/6/2015 - Company Name
Gem - Mailing Address
1410 Abbot Kinney Blvd. Venice, CA 90291 USA - Company Description
Gem (previously BitVault) empowers developers to rapidly build apps and solutions using Bitcoin and cryptocurrency without needing to be experts in cryptography, security or the underlying protocols. They provide bank-grade security on cryptocurrency for developer apps without ever taking possession of funds. - Website
http://www.gem.co - Transaction Type
Venture Equity - Transaction Amount
$1,300,000 - Transaction Round
Undisclosed - Proceeds Purposes
The company intends to use the funds to advance new features and build additional services for developers. - M&A Terms
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