Bitnet Technologies Ltd. is a company founded in 2014 that focuses on enabling merchants to accept Bitcoin and other digital currencies as payment for goods and services. The company operates in the industries of Crypto, E-Commerce, and Payments. A noteworthy milestone in the company's history is their $14.50M Series A investment which took place on 20 October 2014.
This investment was secured from a consortium of prominent investors including Blockchain Capital, Commerce Ventures, Webb Investment Network, Highland Capital Partners, Stephens Investment Management, Bill McKiernan, James Pallotta, Artis Ventures (AV), Buchanan Investments, and Rakuten.
Bitnet's focus on providing a global payment processing service for enterprise-class merchants, including airlines, digital content publishers, retailers, and marketplaces, showcases its commitment to offering a cost-effective means for engaging with consumers worldwide.
