French cryptocurrency storage startup Ledger raises $75 million
|01/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Ledger raises $75 million from Draper Espirit, FirstMark Capital, Cathay Innovations, and Korelya Capital.
- The Paris-based company makes hardware for your to store cryptocurrencies offline with.
LONDON — Venture capital fund Draper Espirit has led a $75 million (£54 million; €61 million) investment round into cryptocurrency storage company Ledger.
Paris-based Ledger makes so-called “cold storage” devices for cryptocurrencies, allowing people to store their digital assets on offline hardware away from the reach of hackers.
Founded in 2014, the company has sold over 1 million of these devices since launch and is already profitable. Ledger’s products start at €94.
<img src="http://static2.businessinsider.com/image/5a60570eec1ade014670cbc1-700/ledgerproduct3.jpg" alt="Ledger_product3" data-mce-source="Ledger" data-mce-caption="Ledger's storage products." read more >>>