Institutional Venture Partners Invests in Coinbase's $100 Million Series D

Palo Alto – August 17, 2017 – Cooley advised Institutional Venture Partners on its investment in Coinbase’s $100 million Series D funding, which brings the company’s total capital raised to $1.6 billion.

According to Coinbase co-founder and CEO Brian Armstrong, this funding “represents a major milestone for [their] mission to create an open financial system for the world.” Since its founding in 2012, Coinbase has grown to become one of the world’s leading digital currency companies with support for Bitcoin, Ethereum and Litecoin in 32 countries.

With $5.4 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the US. Founded in 1980, IVP has invested in over 300 companies, 106 of which have gone public.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 900 lawyers across 12 offices in the United States, China and Europe.


Related Contacts
Eric Jensen Partner, Palo Alto
Sepideh Mousakhani Associate, Palo Alto
Lauren Visek Associate, Palo Alto
Marco Santori Partner, New York
Josh Garcia Associate, New York
Kelsey Velemirovich Associate, Colorado
Related Practices & Industries

Capital Markets Emerging Companies Fintech