Bitnet Technologies

cryptocurrencyblockchain

STATUS: Acquired/Merged
FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 09/07/2020

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About

Bitnet has been acquired by Uphold in Oct. 2016. Bitnet is an industrial payment management platform to enable large, enterprise-class merchants to accept digital currencies such as bitcoin.

Focus

PRODUCTS & SERVICES

Bitcoin Payments

EXISTING PARTNERSHIPS

Cardinal Commerce

UATP

Traction

VALUATION / MARKET CAP:

$60 M in 2015

People

FOUNDERS

John McDonnell

BOARD MEMBERS AND ADVISORS

Peter Bell

Bill McKiernan

NUMBER OF EMPLOYEES

11-50

INVESTORS:

ARTIS Ventures

Artis Ventures (AV)

Bill McKiernan

Bitcoin Opportunity Fund

Blockchain Capital

Commerce Ventures

Crypto Currency Partners

Digital Currency Group

etc.

Highland Capital Partners

James Pallotta

Rakuten

Stephens Investment Management

Stuart Peterson

KEY EMPLOYEES:

Stephen McNamara

Momentum

FUNDED

YES

TOTAL FUNDING

$14.5 M

DATE OF LAST FUNDING

Oct 2014

FUNDING SERIES

SERIES A  · $14.5 M  · ---

LISTED

NO

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

152 VISITORS | 733 VIEWS
LATEST FUNDING ROUND

$14.5 M

TOTAL EMPLOYEES
11-50

About

Bitnet has been acquired by Uphold in Oct. 2016. Bitnet is an industrial payment management platform to enable large, enterprise-class merchants to accept digital currencies such as bitcoin.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
Traction+
People+
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