itBit Garners $25,000,000 Series A Funding Round

Company Information

Company
itBit

Website

http://www.itbit.com

Location
1 Robinson Road AIA Tower Singapore City, 048542

Description
We guarantee your bitcoin and virtual currency investments three things: Security, Scalability, and Liquidity. A sophisticated platform architecture, conceived and built for maximum scalability and data security, lies at the heart of the itBit exchange—all backed by 24/7, best-in-class monitoring.

Transaction Details

  • Date – 5/11/2015
  • Transaction Type – Venture Equity
  • Transaction Amount – $25,000,000
  • Transaction Round – Series A
  • Acquire / Investor(s) – RRE Ventures
  • Acquire / Investor(s) – Liberty City Ventures
  • Acquire / Investor(s) – Investor
  • Acquire / Investor(s) – Investor