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BitFury is a bitcoin infrastructure provider and blockchain transaction processing company. It designs and develops its own full custom ASIC silicon chips, printed circuit boards (PCB), servers and data centers and runs one of the largest operations in the world in data centers in Iceland and the Republic of Georgia. Recently, Bitfury was selected for the 2019 Forbes FinTech 50 startups list.
PRODUCTS & SERVICES
Software Offerings: Digital Assets PaaS, Data Analytics, Lightning Network, Property Rights Registration, Voting, Chain Hub. Hardware Solutions: Semiconductors and microelectronics, Servers, Datacenter construction, Datacenters in marine containers, Immersion cooling
Transaction based revenue -
Businesses and Governments
Republic of Georgia - Land titling project
BitClub - mining partnership
BitGo - for enterprise treasury management solutions
VALUATION / MARKET CAP:
$100 M in 2018
The company has valuated over $1 Bn in the latest round. (Nov. 2018)
$10M+ in 2014
The company has generated annual revenue of $500 Mn in 2018.
BOARD MEMBERS AND ADVISORS
NUMBER OF EMPLOYEES
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company will use the funds to continue to develop both its customizable chips and its blockchain platform. (Nov. 2018)
SERIES A · $20 M · May 2014
SERIES B · $20 M · Oct 2014
SERIES C · $20 M · Jul 2015
OTHERS · $80 M · Jul 2018
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