Bitnet Technologies

company

About

Bitnet Technologies is a digital commerce platform that helps enterprise scale merchants to accept bitcoin payments.

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
$2.50M
Industries
Bitcoin,Cryptocurrency,E-Commerce,Payments
Founded date
Dec 1, 2013
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Uphold Europe Limited
Also Known As
Bitnet

Bitnet provides a digital commerce platform enabling enterprise-scale merchants to accept bitcoin payments.

Bitnet’s engineering, product, and business development team help in building and managing the world’s largest payment gateway, CyberSource (NASDAQ: CYBS), which was sold to the world’s largest payment network, Visa (NYSE: V), for $2 billion in 2010.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$17M
Bitnet Technologies has raised a total of $17M in funding over 2 rounds. Their latest funding was raised on Oct 20, 2014 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 20, 2014 Series A $14.50M 11 Highland Capital Partners Detail
Jan 30, 2014 Convertable Note $2.50M 3 Detail

Investors

Number of Lead Investors
Number of Investors
1
12
Bitnet Technologies is funded by 12 investors. Highland Capital Partners and Artis Ventures (AV) are the most recent investors.
Investor Name Lead Investor Funding Round
Highland Capital Partners Yes Series A
Artis Ventures (AV) Series A
Bill McKiernan Series A
Blockchain Capital Series A
Buchanan Investments Series A
Commerce Ventures Series A
Digital Currency Group Series A
James Pallotta Series A
Rakuten Series A
Stephens Investment Management Series A