Blockstream

cryptocurrencyblockchain

FOUNDING YEAR: 2014
LOCATION: Canada
Last Update: 17/07/2020

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About

Blockstreams mission is to create the financial infrastructure of the future. We build crypto-financial infrastructure based on Bitcoin, the most robust and secure blockchain. Applying cutting-edge cryptography and security engineering, were building the products and networks that make financial markets more efficient by reducing reliance on trust. With a long term outlook on delivering robust and scalable solutions, we invest heavily in research and development to strengthen the Bitcoin ecosystem and protocol.Peer-to-peer, open network finance holds the promise to change the world for the benefit of all. Blockstream is proud to be making this a reality.

MEDICI Analysis

Blockstream develop new ways to accelerate innovation in crypto currencies, open assets and smart contracts. Blockstream’s core area of innovation is sidechains, a technology focused on improving on the blockchain, the powerful public utility for distributed trust systems.

Focus

PRODUCTS & SERVICES

Side chain Technology

MAIN CLIENTS

Financial Institutions

Businesses

Traction

VALUATION / MARKET CAP:

$140 M in 2015

People

FOUNDERS

Adam Back

Gregory Maxwell

Matt Corallo

Mark Friedenbach

Alex Fowler

Erik Svenson

Jonathan Wilkins

Jorge Timón

Pieter Wuille

NUMBER OF EMPLOYEES

51-200

INVESTORS:

AME Cloud Ventures

Blockchain Capital

Danny Hillis

Data Collective DCVC

Embrase

Future Perfect Ventures

Innovation Endeavors

Khosla Ventures

Mosaic Ventures

Pegasus Tech Ventures

Real Ventures

Reid Hoffman

Ribbit Capital

SK Ventures

Tencent Holdings

Momentum

FUNDED

YES

TOTAL FUNDING

$101 M

DATE OF LAST FUNDING

Nov 2017

SEED & PRIOR FUNDING

$21 M

SEED CLOSED ON

Nov 2014

FUNDING SERIES

SERIES A  · $55 M  · Feb 2016

OTHERS  · $25 M · Nov 2017

LISTED

NO

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