Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors

The online wallet Blockchain.info is one of the oldest bitcoin-based businesses within the industry. The company’s blockchain explorer and data analytics gets millions of visitors, and the platform has issued close to 15 million wallets. Now Blockchain has announced it has raised $40 million in funding from firms such as Lakestar with participation from GV (formerly Google Ventures), Nokota Management, Digital Currency Group, Lightspeed Venture Partners, Mosaic Ventures, Prudence Holdings, Virgin, and Sir Richard Branson.

“Blockchain was one of the first digital currency wallets, quickly grew to market leadership, and has only extended its lead since then,” said investor and current board member, Jeremy Liew from Lightspeed Venture Partners. “Now that bitcoin and Blockchain have started to get broader traction, they are the best positioned to become the mainstream leaders.”