HomeUSAGem Raises $1.3M in Funding

Gem Raises $1.3M in Funding

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gemGem, a Venice, CA-based developer of a Bitcoin API, raised an additional $1.3m in funding.

The round was led by KEC Ventures, with participation from RRE Ventures, First Round Capital, Robert Wolfson, etc.

The company, which has now raised $3.3m in total, intends to use the funds to advance new features and build additional services for developers.

Led by Micah Winkelspecht, Founder and CEO, Gem offers a multi-signature based security platform to Bitcoin developers.
Its API suite provides a digital currency infrastructure that includes:
– Two-of-three multi-signature key technology
– Multi-factor device authentication
– Real-time monitoring capabilities
– Cold Storage offline key backup
– Redundant architecture with military-grade encryption

The company is currently hiring.

FinSMEs

05/04/2015

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