Cryptocurrency exchange startup Coinbase has acquired Blockspring, which develops tools to collect data using a variety of API, for example, to compile lists of potential customers, automate marketing reporting, etc. in Excel spreadsheets and Google.
The company from San Francisco, had previously received support from the incubator Y Combinator and funding of $3.4 million from investors in Coinbase – venture funds Andreessen Horowitz (a16z) and SV Angel, will continue to operate independently, its products will remain available to current and new customers, and the team will work together with colleagues from Coinbase to work together to create an open financial system and to strengthen the development team of crypto currency exchange.
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) January 16, 2019
Recall that, according to Crunchbase, Blockspring was the eleventh project acquired Coinbase. In April last year it bought rival its decentralized Toshi mobile browser — mobile browser and Ethereum-wallet Cipher Browser. In may – bought a decentralized platform Paradex created on the basis of the Protocol 0x, and in August, a startup from San Francisco Distributed Systems, which specializiruetsya on developing solutions in the field of digital identification.