Gem Open the 2016 Blockchain Investment Season With $7.1M in Series A Funding

Today, California-based blockchain platform provider Gem closed a $7.1 million Series A funding round led by Pelion Venture Partners with participation from KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures and more. The company raised $10.4 million in total funding.

Scott Kriz, CEO of Bitium, has been appointed to Gem’s Board of Directors along with Ben Dahl, a partner at Pelion Venture Partners who led the funding round. As Mr. Dahl shared, We have been monitoring the blo ...

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