We’ve got great news from Purse this morning. We’ve raised $1 Million Dollars in venture funding from Digital Currency Group (DCG). Purse plans to use this new funding to continue building our Bitcoin Powered Amazon Integration which allows you to shop on Amazon with Bitcoin and save up to 50% and to expand our new secret bitcoin project: Project Tritium.
Read more about Purse’s New Project:
Coindesk: Purse Raises $1 Million, Plans ‘Secret Bitcoin Project’
http://www.coindesk.com/purse-raises-1- ... n-project/
Bitcoin.com: Purse.io Teases Its New Project: Tritium
https://news.bitcoin.com/purse-io-tease ... t-tritium/
Press Release:
Purse.io announces $1M round, new hires and release of stealth project Tritium
FOR IMMEDIATE RELEASE
Purse hires new CTO, close $1M round, and announces Tritium.
San Francisco, CA – Purse (http://www.purse.io) announced today that they have closed a $1M seed round to accelerate Bitcoin commerce and to build a secret Bitcoin project code named Tritium. As the leading Bitcoin shopping destination, Purse will leverage its network and Tritium’s new tech to bring new value to consumers and partners.
Purse’s strategy of combining bitcoin with discounts on Amazon has proven to be a major success, leading to a viral growth rate almost unparalleled in the bitcoin industry. Purse CEO Andrew Lee said “We are very excited to be helping consumers spend bitcoin and receive discounts. We believe our new project will be even more exciting, but we aren’t ready to say anything about it… yet.”
To lead Tritium, Purse has hired Christopher “J.J.” Jeffrey, former BitPay developer and prolific open-source developer. He maintained and contributed to Bitcore, CoPay, Bitcore-node, and Bcoin. J.J. believes “all software should be open-source for its security benefits.” His commitment to open-source extends to his personal machine, which contains zero closed source software.
Purse CEO Andrew Lee: “We are very excited to have J.J. join our team as CTO. With JJ leading Tritium, we’re confident we can leverage Bitcoin technology in new use-cases to further our mission of adoption.
About Purse
Purse is a marketplace that connects users across the globe through decentralized commerce. Purse builds apps on top of the blockchain that makes spending Bitcoin easy and worthwhile.
Purse drives mainstream adoption through huge discounts on the largest inventory of goods. The marketplace also brings liquidity to proprietary value by enabling users to sell Amazon credit for bitcoin.
The company is backed by influential members of the bitcoin community including Roger Ver, Bobby Lee, Jered Kenna, FundersClub, Strong Ventures, and Terrence Yang.
Contact
Purse
Thomas Hunt, Community Manager
thomas [at] purse.io
