American cryptocurrency company Coinbase has acquired a developer of tools to collect data from different APIs called Blockspring. The transaction amount was not disclosed.

.@Blockspring Team is Joining @coinbase! We’re super excited.

Announcement here: https://t.co/d9uh3roVBt pic.twitter.com/FTDIpc0B07

— Blockspring (@Blockspring) 17 Jan 2019

We note that investors still Blockspring 2015 incubator Y Combinator, a firm Andreessen Horowitz, and SV Angel. Then startup praised Coinbase and CTO Balaji Srinivasan.

The developers Blockspring will join the Coinbase team and create unique tools for the company.

Excited to share that the @Blockspring team is joining Coinbase to help build out our developer tools. They’ve built an impressive platform that connects hundreds of different APIs and we’re excited for them to continue their work here at Coinbase!

— Tim Wagner (@timallenwagner) 16 Jan 2019.

Earlier, Coinbase has invested in a Boston startup Flipside Crypto.

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