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Screenshot of a breaking news alert e-mail from Q2 2017
Blockchain announced today that it has raised a Series B of $40 million with Lakestar and GV (formerly Google Ventures) with additional participation from Nokota Management and Digital Currency Group.
Blockchain’s existing investors – Lightspeed Venture Partners, Mosaic Ventures, Prudence Holdings, Virgin, and Sir Richard Branson (Virgin Group) – also participated in the round.
Blockchain’s Series B represents the most substantial investment in the fintech space since Brexit and is the largest Series B raised by any digital currency company to date. This brings Blockchain’s total capital raised to over $70 million.
Blockchain’s mission “to create an open, accessible, and fair financial future for billions across the globe, one piece of software at a time” is a lofty one.