Bitcoin Forum

Bitcoin => Press => Topic started by: LiteCoinGuy on October 25, 2014, 06:00:24 AM



Title: [2014-10-25] CD: Spondoolies-Tech Takes Aim at BitFury With $5 Million Funding
Post by: LiteCoinGuy on October 25, 2014, 06:00:24 AM
Spondoolies-Tech Takes Aim at BitFury With $5 Million Funding Round

Spondoolies-Tech has raised $5m from a pool of both new and existing investors as part of its ongoing Series B funding round.

Participants in the round included Agile Wings, BRM Group and Genesis Partners, as well as a group of angel investors that featured entrepreneur Olivier Janssens and Aleph partner Eden Shochat.

The latest funding brings Spondoolies-Tech's total to-date funding to $11m. BitFury, by comparison, has raised $40m in two funding rounds this year.

http://www.coindesk.com/spondoolies-tech-5-million-series-b/