Buttercoin
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| Private | |
| Industry | Bitcoin marketplace/exchange |
| Founder | Cedric Dahl, Bennett Hoffman[1] |
| Headquarters | Palo Alto, California, U.S.[2] |
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Number of locations
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1 office |
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Area served
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USA |
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Key people
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Cedric Dahl (CEO) Bennett Hoffman (CTO) Kevin Zhou (Head Economist) Kevin Adams (Lead Developer) |
| Services | Buy, sell, and trade bitcoin |
| Total assets | ~$1.6 million (2013)[3] |
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Number of employees
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4 (2013)[4] |
| Website | Buttercoin.com |
Buttercoin was a private American start-up company that provided digital currency exchange services to the US.[2][3] Specifically, Buttercoin operated a full order book trading platform for buying and selling bitcoins.
On April 6, 2015, citing a loss of interest in bitcoin from venture capital firms, the company announced that it was shutting down as of April 10, 2015.[5]
Funding
Y Combinator, Google Ventures (Kevin Rose and Chris Hutchins), Floodate, Initialized Capital, Rothenberg Ventures, and Reddit co-founder Alexis Ohanian invested approximately $1 million into Buttercoin.[1][4] A Swiss company, Centralway Ventures, invested an additional $250,000 into Buttercoin.[3] Combined with other sources, Buttercoin raised a total of $1.6 million as of September 2013.[3] Subsequently, Buttercoin raised an undisclosed sum from Wedbush Securities, making it the first bitcoin company to receive investment from a large Wall Street institution. [6]
References
- ↑ 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 2.0 2.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 3.0 3.1 3.2 3.3 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 4.0 4.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
External links
- Buttercoin Official website
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