Tag: Blockspring

Coinbase Resumes Spending Spree With Blockspring Acquisition

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Coinbase Resumes Spending Spree With Blockspring Acquisition January 19, 2019 by Paul de Havilland Coinbase has made its first acquisition for the year. In a deal announced on January 17th (albeit not by Coinbase itself), the exchange giant acquired Blockspring, a data collection startup based in California. Also read: The Unique Consensus Mechanism of Decred–Is This True Decentralization? Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Coinbase Seeking Blockspring Talent, Likely to Let Them Be The San Francisco-based startup will remain operating as an independent company. Under…

Coinbase Fulfills Yet Another Acquisition Buying Out Andreessen Horowitz–Backed Blockspring

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Photo: Pixabay The major US digital asset exchange Coinbase has further expanded its scale of activity and influence. The company has acquired Andreessen Horowitz-backed Blockspring, a San Francisco-based firm that produces tools for automatical gathering and processing information from application programming interfaces (APIs). .@Blockspring Team is Joining @coinbase! We’re super excited. Announcement here: https://t.co/d9uh3roVBt pic.twitter.com/FTDIpc0B07 — Blockspring (@Blockspring) January 17, 2019 Blockspring noted that despite joining Coinbase, the APL developer will continue to operate as an independent company and its products will continue to operate for current and new customers as they always have. In…

Crypto Exchange Coinbase Acquires San Francisco-Based Tech Startup Blockspring

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Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14. San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information from application programming interfaces (APIs). In 2015, the company raised $3.4 million in a round led by venture capital firm Andreessen Horowitz and seed-stage investment firm SV Angel, while also having support from venture fund Y Combinator. Following the acquisition, Blockspring will reportedly continue operating as an independent entity, while any…