Some of the biggest names in venture capital are getting behind a maker of underground bitcoin vaults, the latest bet to bolster the digital currency.
Xapo Ltd
. said Tuesday it raised an additional $20 million in funding, doubling the
amount it raised
earlier this year. The investment was co-led by
Greylock Partners
and
Index Ventures
and includes Emergence Capital Partners, Max Levchin, the co-founder of PayPal, Yuri Milner, the Russian billionaire investor, and Jerry Yang, co-founder of Yahoo. Reid Hoffman, a partner at Greylock, and Mike Volpi, a partner at Index, will join Xapo's board as observers....
July 08, 2014 at 10:23AM
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