Blockstream Raises $21 Million from Google Chairman, LinkedIn and Yahoo Co-Founders

By November 18, 2014Bitcoin Business

Blockstream has officially announced $21m in seed funding to continue the development of its much-anticipated blockchain technology proposal sidechains.

Announced on the Blockstream website , the round was led by LinkedIn co-founder and Airbnb board member Reid Hoffman ; Khosla Ventures , which has previously invested in bitcoin API developer Chain; and Canada-based seed fund Real Ventures . In total, Blockstream indicated 40 investors took part in the round.

Blockstream CEO Austin Hill positioned the funding as proof […]

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