Coinbase raises $100M Series D round

Digital currency wallet and platform Coinbase has raised $100 million in a Series D funding round. The investment was led by IVP, with participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates.

Coinbase, founded in 2012, supports Bitcoin, Ethereum and Litecoin in 32 countries. According to a statement from the company, the exchange has handled over $25 billion of digital currency for its customers.

Coinbase says it will use the funding to scale. The company is opening an office in New York City, and has acquired Toshi, the company behind the eponymous open source browser for Ethereum.

[Image courtesy: Coinbase]

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.