Ledger Raised $75M

Huge amount of investments was raised during series B investment round, led by Draper Esprit venture firm
18 January 2018   661

Popular hardware cryptocurrency wallet manufacturer Ledger raised $75 000 000 during series B investment round.

The round was led by Draper Esprit, with additional funding from

  • Draper Venture Network funds,
  • Draper Associates,
  • Draper Dragon
  • Boost VC,
  • FirstMark Capital,
  • Cathay Innovation, 
  • Korelya Capital.

The round is one of the biggest series B investment into blockchain and cryptocurrency related technologies to date (excluding ICOs). Existing investors, CapHorn Invest, GDTRE and Digital Currency Group, also participated in the round. Seed and Series A investor Xange remains at the capital.

We initially designed our Ledger hardware wallet as an enabler for the blockchain revolution. Three years later and with this Series B, we are reaching a significant milestone in our path to build a technological giant in the promising space of cryptocurrencies. These funds will be used to keep investing significantly in R&D while scaling our operations and deploying our teams globally. I am delighted to bring on board Draper Esprit and a truly global group of investors who will support the company as it grows rapidly.
 

Eric Larchevêque 

CEO, Ledger

Ledger is already profitable company and has sold over a million cryptocurrency hardware wallets across 165 countries. 

Ledger Nano S to Support New 8 Coins

Additionally,  Ledger team plans to add new coins every first Tuesday of the month
08 August 2018   587

The team of the popular hardware wallet for crypto Ledger announced support for eight new assets for Ledger Nano S, as well as plans to add new coins every first Tuesday of the month.

So, from today, the following assets are available in Ledger Live for Ledger Nano S: PoA, Icon, Vechain, WanChain, Ontology, Kowala, Particl and RSK.

It is reported that the process of applying for the new coins listing and validation is becoming more simple and transparent, and similar releases for new assets will continue to occur every first Tuesday of the month with one batch.

In July, Tron and Zcoin were added to Ledger Nano S wallets.