It has been led by Lightspeed Venture Partners and Wicklow Capital.
Peter Smith, the president of Blockchain, states that the company plans to use its new financing round to expand and to invest in developing markets.
Blockchain has 2.3 million consumer wallets and has recently developed a search engine that allows users to verify transactions in the currencys public ledger, known as the Bitcoin blockchain. Most of the companys revenue comes from advertising.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.