Welcome!

News Feed Item

BitAngels Goes Global, Closing $7 Million (7,000 BTC) in Funding for Bitcoin Startups

The Now International Supergroup of Bitcoin-Oriented Angels, With a Network Extending Across 23 Countries, Has Funded 12 Different Startups

AUSTIN, TX -- (Marketwired) -- 01/22/14 -- BitAngels (http://www.bitangels.co), the first international multi-city business incubator focused solely on early-stage startups disrupting through Bitcoin-based initiatives, today announced that it has invested $7 million (7,000 BTC) in 12 different Bitcoin startups since May 2013. Those startups have included Bitcoin layer "MSC Protocol," Bitcoin payment platform GoCoin, Seasteading incubator Blueseed, Bitcoin instant exchange Cash Into Coins and Bitcoin mining hardware company CoinTerra. The BitAngels have nearly $50 million in Bitcoins soft-circled by its now 324 angels across the globe ready to be invested in Bitcoin startups.

"It has been an incredible time for Bitcoin since the May 2013 Bitcoins show in San Jose, and it has been an even more incredible one for BitAngels," said co-founder and Executive Director David A. Johnston. "Like the digital currency itself, BitAngels had small beginnings, but also like the digital currency, we continue to expect that we'll head straight to the moon, which might be the one place where BitAngels doesn't have a presence right now."

The BitAngels came together at the Bitcoin 2013 Conference in San Jose last May. With what was once just a member count of 50 in just Austin, San Francisco, and New York, the BitAngels now count over 300 angels spread out over 23 countries among its support ranks. BitAngels has city leaders spread out across the globe, including Chicago, Hong Kong, London, Shanghai, Singapore, Stockholm, Sydney, Tel Aviv, Tokyo, and many others. Prominent angels leading the network include Gyft CEO Vinny Lingham, Memory Dealers CEO and "Bitcoin Jesus" Roger Ver, Robocoin Asia Chairman Brock Pierce, and Tradehill CEO Jered Kenna.

"We're continuing to aggressively pursue both new angels and new investment opportunities wherever they might be," said co-founder Michael Terpin. "Bitcoin continues to be a space that is growing constantly, with new ways in which it is touching our day-to-day lives, and BitAngels is going to be an integral part of that continuing development."

For Bitcoin-related funding and investing opportunities with BitAngels, please visit http://www.bitangels.co.

About BitAngels
Co-founded by David A. Johnston, Michael Terpin and Sam Onat Yilmaz, BitAngels is the world's first distributed veteran entrepreneur and angel investor group. Focused on funding the most compelling companies in the digital currency ecosystem and matching them with the most experienced experts in the Bitcoin economy, BitAngels is made up of over 300 different angels, controls over 50,000 BTC and maintains a presence across the globe in 23 different countries. Interested startups and investors may learn more by visiting http://www.bitangels.co.

Contact:
Ian Chaffee
SocialRadius
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
You want to start your DevOps journey but where do you begin? Do you say DevOps loudly 5 times while looking in the mirror and it suddenly appears? Do you hire someone? Do you upskill your existing team? Here are some tips to help support your DevOps transformation. Conor Delanbanque has been involved with building & scaling teams in the DevOps space globally. He is the Head of DevOps Practice at MThree Consulting, a global technology consultancy. Conor founded the Future of DevOps Thought Leade...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Jo Peterson is VP of Cloud Services for Clarify360, a boutique sourcing and benchmarking consultancy focused on transforming technology into business advantage. Clarify360 provides custom, end-to-end solutions from a portfolio of more than 170 suppliers globally. As an engineer, Jo sources net new technology footprints, and is an expert at optimizing and benchmarking existing environments focusing on Cloud Enablement and Optimization. She and her team work with clients on Cloud Discovery, Cloud ...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.