Spondoolies-Tech Takes Aim at BitFury With $5 Million Funding Round

By October 25, 2014Bitcoin Business

Spondoolies-Tech Takes Aim at BitFury With $5 Million Funding Round

Spondoolies-Tech has raised $5m from a pool of both new and existing investors as part of its ongoing Series B funding round.

Participants in the round included Agile Wings , BRM Group and Genesis Partners , as well as a group of angel investors that featured entrepreneur Olivier Janssens and Aleph partner Eden Shochat.

Speaking to CoinDesk, Spondoolies-Tech CEO Guy Corem indicated that his company intends to use the funds to fuel its third-, fourth- and fifth-generation ASIC […]

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