Libra raises $7.8 Million

Blockchain startup Libra has raised $7.8 million in a new series A funding round
27 November 2017   977

Libra designs cryptocurrency and blockchain-oriented accounting and tax software, and the new funds will be invested in the development of Libra Enterprise Platform, the startup stated.

According to Libra, funds came from such investors as VC firm Liberty City Ventures, cryptocurrency market maker XBTO, Lee Linden, a former employee of Facebook and unnamed family office based in Europe.

In 2014, New York-based, seed-stage investment fund Liberty City Ventures led a seed round where Libra has raised $500,000.

Libra's vision is to be the premier provider of next-generation accounting, audit, and tax software and data services for the blockchain and cryptocurrency industry.


Jake Benson

CEO, Libra

Recently, the company has taken an interest in the enterprise-level market, developing tools that are aimed in part at exchanges and other trading-oriented companies. to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   99

Social platform for petitions announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.