Draper-Backed Mirror Gets $8.8 Million for Bitcoin-Based Trading
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Mirror, a startup that uses bitcoin technology to secure financial transactions, has raised $8.8 million, signaling that investors are still willing to back companies building businesses working with the virtual currency.
The funding was led by Route 66 Ventures, with existing investors including RRE Ventures, Crosslink Capital, Battery Ventures and Tim Draper -- a billionaire venture capitalist who’s been a longtime bitcoin supporter -- participating in the round. The financing brings Mirror’s total funding to $12.8 million. The company didn’t disclose a valuation.