Jun 17, 2014
Bitcoin security platform BitGo has raised $12 million to improve its Bitcoin security services, but this funding also poses benefits Bitcoin casino enthusiasts will appreciate.
According to the announcement, BitGo’s large sum of funding, which resulted from a Series A financing round spearheaded by Silicon Valley’s Redpoint Ventures, will help the California-based startup to position itself better in the industry and to bring security to another level.
“By solving Bitcoin’s early security concerns for our customers and industry partners, BitGo is excited to help the Bitcoin industry grow with what we believe will be a speed and scale comparable to the Internet itself,” said BitGo CEO and Co-founder Will O’Brien.