Goldman Sachs and Galaxy Digital Ventures have joined a $15m series B extension for BitFury-backed BitGo that took the round’s total to $57.5m.
BitGo, the US-based cryptocurrency wallet developer backed by bitcoin mining infrastructure provider BitFury, has raised $15m to extend its series B round to $57.5m.
The extra funding was provided by investment bank Goldman Sachs’ Principal Strategic Investments unit and investment firm Galaxy Digital Ventures.
The round’s $42.5m first close in December 2017 included commitments from trading firm DRW, investment firm Valor Equity Partners and venture capital firms Craft Ventures and Redpoint Ventures.
Founded in 2013, BitGo has developed blockchain security…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
