We are excited to announce that Coinbase has raised $100 million in Series D funding. This represents a major milestone for. The round was led by IVP, with participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates.Coinbase experienced unprecedented growth over the last year, and we have now exchanged over $25 billion USD of for our customers. We’ll be using this new funding to continue scaling even further. Specifically, we will:
We’re fortunate to be working with , one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies, 106 of which have gone public. Notable IVP investments include companies such as Dropbox, Netflix, Twitter, Slack, and Snap.Coinbase was founded in 2012 and has grown to become one the world’s leading digital currency companies with support for Bitcoin, and Litecoin in 32 countries. Today it is a portfolio of three products:
. The pace of innovation has been accelerating and we are now seeing exciting projects and companies being built on top of . We’re beginning to transition into phase three of our .If this mission excites you, we’re looking to fill new . Send us a note!You can sign up for and to start using digital currency today.Finally, if you’re an institution or professional trader, you can sign up for .
About Brian Armstrong
Brian Armstrong is the Chief Executive Officer and Co-founder of Coinbase. As CEO, Brian is responsible for Coinbase’s consumer and institutional arms, which offer an entire suite of products that make accessing cryptocurrencies easy and secure, in addition to new products that operate at the frontiers of crypto and blockchain. Before co-founding Coinbase, Brian worked as a Software Engineer at Airbnb. He holds three degrees from Rice University: Bachelor’s of Computer Science, Bachelor’s of Economics, and a Master’s of Computer Science.