Our Expertise Speaks For Itself
We live in a time in which technology is exponentially growing and beginning to play a role in our economy. Cryptocurrency is becoming more and more popular yet some are skeptical about the overall security of money you can’t physically see or hold. I had the opportunity to learn more from the CEO of Gem, Micah Winkelspecht, who discusses how he introduced Gem to Bitcoin developers “enabling them to create wallets based on multisignatures.” They hope to grow the idea of cryptocurrency by developing tools useful to the community and introducing an “unparalleled security model.”
Gem, a blockchain platform service provider, has closed $7.1 million in series A funding which it says it will use to promote its technology across a number of industries. The funding round was led by Pelion Venture Partners, with participation from KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures and more.
Gem, a Venice, California-based blockchain platform provider, announced today that it had completed its Series A funding, raising $7.1 million led by Pelion Venture Partners. KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures, and other investors rounded out the fundraising round.
Blockchain API provider Gem has closed a $7.1m Series A funding round, the company has announced.
Blockchain platform Gem has closed $7.1m (£4.8m, €6.58m) in Series A funding, led by Pelion Venture Partners and participated in by KEC Ventures, Blockchain Capital, Digital Currency Group, and RRE Ventures.
Venice, California-based Gem, a platform for blockchain developers looking to integrate the decentralized ledger technology in finance, healthcare, and other data-reliant industries.
Gem, a blockchain platform service provider, has captured $7.1 million via Series A funding, led by an assortment of partners, including Pelion Venture Partners, KEC Ventures, Blockchain Capital, Digital Currency Group and RRE Ventures, among others, according to a Gem statement.
The internet is just a pipe, and any attempt at real security is merely a sticking plaster that’s doomed to get hacked, somehow, by someone, at some point. Cue the Blockchain, a tech that proves ownership in an indisputable way.
Earlier this fall, Gem launched as the first Bitcoin startup to ever compete in the TechCrunch Disrupt Battlefield, presenting a full-stack API for digital currency developers that will eliminate the pain of building Bitcoin security infrastructure into apps.
The internet has opened the door for numerous technologies and products that have drastically altered the way we do business and live our daily lives. Bitcoin is one such technology that arguably has the greatest potential to revolutionize the world of international finance. Micah Winkelspecht, the CEO of Gem, a company that helps its customers accept and secure bitcoin transactions, sat down with me to discuss the various facets, uses, and implications of Bitcoin, as well as the challenges it faces for broader adoption.