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Bitcoin => Press => Topic started by: LiteCoinGuy on April 01, 2015, 02:55:28 PM



Title: [2015-04-01] CD: Overstock Invests $5 Million in Peernova
Post by: LiteCoinGuy on April 01, 2015, 02:55:28 PM
Overstock Invests $5 Million in Peernova in First Bitcoin Investment

US retail giant Overstock has invested in blockchain technology specialist Peernova as part of its second tranche of Series A financing.

Formed through a merger between cloud mining contract provider CloudHashing and ASIC hardware designer HighBitcoin in early 2014, Peernova raised $8.6m in funding last December as it sought to accelerate its shift away from mining.

http://www.coindesk.com/overstock-venture-capital-investment-bitcoin-peernova/