Number of locations 1 office Headquarters Palo Alto | Area served USA Number of employees 4 (2013) | |
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Industry Bitcoin marketplace/exchange Founder Cedric Dahl, Bennett Hoffman Key people Cedric Dahl (CEO)
Bennett Hoffman (CTO)
Kevin Zhou (Head Economist)
Kevin Adams (Lead Developer) Services Buy, sell, and trade bitcoin | ||
Buttercoin co founder cedric dahl open source exchange coinbase co founder brian armstrong
Buttercoin was a private American start-up company that provided digital currency exchange services to the US. Specifically, Buttercoin operated a full order book trading platform for buying and selling bitcoins.
Contents
- Buttercoin co founder cedric dahl open source exchange coinbase co founder brian armstrong
- Funding
- References
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.
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. A Swiss company, Centralway Ventures, invested an additional $250,000 into Buttercoin. Combined with other sources, Buttercoin raised a total of $1.6 million as of September 2013. Subsequently, Buttercoin raised an undisclosed sum from Wedbush Securities, making it the first bitcoin company to receive investment from a large Wall Street institution.