The company raised $2.65 million in funding led by Homebrew Ventures, with participation from Sherpa Ventures, Boost Incubator, Tim Draper, Structure Capital, Michael Cheung, Edgar Berger, Justin Brown, Jack Abraham, Dave Kurtz, Lee Linden, Chris Hubbell, Julia French, Semil Shah, Expansion VC, Zach Aaron, Peak Ventures, and Brendan Wallace.
With co-founders John Backus and Alain Meier, Morton created BlockScore, an identity-verification startup and member of Y Combinator's latest batch that is launching today with $2 million in funding from Battery Ventures, Khosla Ventures, Lightspeed Venture Partners, New Atlantic Ventures, Boost VC, Y Combinator, and several angels.
Additional BlockCypher investors include Ben Narasin and TriplePoint Capital, Ken Goldman (CFO Yahoo), Sanjiva Weerawarana (CEO WSO2), VoyLét Capital, Granite Ventures, Boost VC, 500 Startups, Crypto Currency Partners, Michael Liou, and hip hop artist, Nas (I guess he's looking for more than dead presidents to represent him these days).
This difference in magnitude implies that the establishment of startup ventures boosts the output of large number of knowledge-based products.
Now Manolo Blahnik is taking an unlikely step in a promotional venture to boost carpet sales.
And if his hedge fund doesn't wind up being a receptacle for pension fund proceeds, how will Mr. Vavilov raise the money he needs to give his fledgling venture a boost?
The startup announced today that it has closed a $3.5 million seed round with participation from First Round Capital, Tandem Capital, Crosscut Ventures, Betaworks, Boost VC, BITKRAFT eSports Ventures and select angel investors.
The venture ultimately boosted the local tourism economy.
"If it works, it will reduce failure rates for entrepreneurial ventures and boost innovation," says Thomas R. Eisenmann, a professor at the Harvard Business School.
