Wednesday, June 3, 2015

Mirror Gobbles Up $8.8M For Bitcoin Trading Software

San Francisco-based Mirror, a startup that is using Bitcoin's blockchain technology for peer-to-peer financial trading, said it has raised $8.8M in a Series A funding. The funding was led by Route 66 Ventures, and also included RRE Ventures, Crosslink Capital, Battery Ventures, and Tim Draper. Route 66's Pascal Bouvier will join thec ompany's board with the funding. The company has now raised a total of $12.8M for its technology, which uses Bitcoin to create a peer-to-peer, financial trading platform aimed at bypassing traditional markets. Mirror was previously known as Vaurum Labs.