Coinbase took $ 100 million in Series D funding for the single largest single-round funding for public blockage or cryptocurrency startup, according to CoinDesk data.
Announced today, Enterprise Enterprise Partners (IVP), a series led by the Silicon Valley enterprise firm that incorporates some of the largest high-tech and digital start-ups, including Dropbox, GitHub and Netflix, among its portfolio. There is also the participation of Battery Ventures, Draper Associates, Greylock Partners, Section 32 and Spark Capital.
Coinbase’s collective funding round finals rises to more than $ 217 million, higher than any other industry firm that has raised money from accredited investors.
In the context of applying, a wholesale encryption and distribution distribution has generated up to $ 1.9 billion to date, which means that Coinbase now has 10% of all venture capital invested in blockchain startups.
In statements, Coinbase said that it would use the funds to expand its customer support and engineering teams, a statement that follows previous commitments to diversify support among a wave of customer complaints.