The amount of the investment was undisclosed.
Google Ventures, the corporate venturing unit of Google, and IDG Capital Partners, which invests on behalf of publisher International Data Group, have joined existing seed backers in OpenCoin, a US company developing the Ripple protocol, an open source payments system and a math-based virtual currency that together power the world’s first distributed currency exchange.
The amount of the investment was undisclosed.
The main selling point of Ripple is that it enables fast, secure and essentially free transactions of any size,…
