|By Business Wire||
|August 22, 2014 06:04 AM EDT||
The deal is a milestone for BitFury Capital, which was founded in July 2014 to drive Bitcoin ecosystem growth through strategic partnerships and business opportunities.
“We are happy to mark our first investment into the Bitcoin ecosystem,” said Marat Kicikov, managing director of BitFury Capital. “The new strategic partnership will further enable global bitcoin adoption. We are excited to be part of that story.”
The newly established BitFury Capital fund will support multiple players in the same segments of the wide and fast growing cryptocurrency industry on a non-exclusive basis. With focused approach to investing, BitFury Capital is seeking to partner with businesses that show potential in specific sectors such as Bitcoin-driven projects and startups, peer-to-peer projects (P2P), and latest innovations in renewable energy.
Valery Vavilov, chief executive officer of BitFury Group, said: “As the largest cryptocurrency transaction processing company, BitFury Group looks forward to bringing more consumers to the Bitcoin network.”
In addition to providing seed funding and participating in later-stage investment rounds, BitFury Capital delivers knowledge and resources to accelerate startups and create strategic synergies.
Interested startups and partners can reach the BitFury Capital at [email protected].
About BitFury Group
The BitFury Group was founded in 2011, and has offices in San Francisco, CA and Amsterdam, the Netherlands. It is the world’s largest provider of semiconductors, servers and datacenter solutions to the bitcoin and cryptocurrency industry, and one of the largest miners of bitcoin, with computing centers across Finland, Iceland and the Republic of Georgia. For more information on BitFury, please visit: www.bitfury.org.
Nov. 25, 2015 12:30 AM EST Reads: 411
Nov. 25, 2015 12:30 AM EST Reads: 407
Nov. 25, 2015 12:00 AM EST Reads: 151
Nov. 24, 2015 10:00 PM EST Reads: 258
Nov. 24, 2015 08:00 PM EST Reads: 338
Nov. 24, 2015 07:30 PM EST Reads: 343
Nov. 24, 2015 06:00 PM EST Reads: 319
Nov. 24, 2015 06:00 PM EST Reads: 368
Nov. 24, 2015 04:30 PM EST Reads: 286
Nov. 24, 2015 03:45 PM EST
Nov. 24, 2015 03:30 PM EST Reads: 460
Nov. 24, 2015 03:30 PM EST Reads: 137
Nov. 24, 2015 03:30 PM EST Reads: 507
Nov. 24, 2015 03:00 PM EST Reads: 287
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Nov. 24, 2015 02:15 PM EST Reads: 257