Steve Case, Tim Draper back Bitcoin startup Vaurum in $4M seed funding
bitcoin businesses

Steve Case, Tim Draper back Bitcoin startup Vaurum in $4M seed funding

THELOGICALINDIAN - Vaurum a startup that offers cipher that banks and added banking institutions can use to action Bitcoins aloft a 4 actor berry annular of allotment from adventure investorTim Draper above AOL CEOSteve Case Battery Ventures and others

The Palo Alto startup led by CEO Avish Bhama was best as one of the best companies casting at a Plug and Play Expo in December.

Vaurum’s software helps banking institutions host their own Bitcoin exchanges.
Bhama told me in December that he hopes to aggregate a fee on every transaction done through banking institutions with his code. Click actuality to see a abbreviate video angle from him and the added winners at the December expo.

Bhama said in a able statement.

Bhama co-founded Vaurum with Sean Lavine after alive for several years in the banking markets as a anchored assets banker and adopted barter analyst at tech giant Apple.
Vaurum is the aboriginal Bitcoin startup that Battery Ventures has backed.

Battery General Partner Roger Lee said in a able statement.