Austin digital currency company raises new capital

Oct 3, 2013
Austin Business Journal

CoinTerra Inc., an Austin company specializing in digital currency, has received a $1.3 million round of financing

The Austin-based company collected the capital from nine investors, according to a Wednesday filing with the U.S. Securities and Exchange Commission

CoinTerra, which launched in August, develops what the company calls high-performance "Bitcoin application specific integrated circuits and systems." Bitcoins are a digital currency, or crytptocurrency, based on an open-source protocol

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