Ripple Labs Finalizing a US$30 Million Funding Round

By January 27, 2015Bitcoin Business

Ripple Labs Ripple Labs, the creator and developer of the Ripple payment protocol and exchange network, will soon be closing a US$30 million Series A funding round.

A spokesperson from Ripple Labs confirmed to WSJ’s Venture Capital Dispatch , it is working on a new financing.

The deal places the San Francisco-based startup at a valuation of about US$100 million, a person familiar with the situation told the media outlet.The US$30 million Series A round will […]

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