Bitcoin angel network BitAngels raises USD6.7m fund

Aiming to connect with Bitcoin investors

Angel network BitAngels has raised USD6.7m from more than 60 angel investors and entrepreneurs. BitAngels’ funds will be dedicated to investing in Bitcoin startups. The Austin-based firm was founded two weeks ago at a Bitcoin festival in San Francisco, and aims to connect Bitcoin investors with businesses.

BitAngels accepts funding applications from BitCoin entrepreneurs, and offers to help with marketing, design and legal advice. The cyber currency was first used in 2008, and has received press attention for the anonymity it grants its customers.

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