I must say! I was very wrong when I came here at first!
Xapo seems a very good thing - it might became a best from any online wallets I knew ...
I clearly forgot about :
http://www.coindesk.com/xapo-20-million-ultra-secure-bitcoin-storage/I believe for $20m+ and with great idea you can build something what is a really good product.
Answering the OP question:
California-based bitcoin security company Xapo has raised $20m as part of an initial round of fundraising led by Benchmark, Fortress Investment Group and Ribbit Capital.
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Regards.
Right, thanks for that information and the clarification. BTW it appears that they have generated $40 million, does that make it more secure? Im not really sure. They do claim to have an insurance setup where they replace your bitcoins if stolen, but we will have to wait for someone to lose them in the first place to verify that claim!!