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Venture Capital News: Case Raises $1.5M in Seed Funding

2015-06-19
ROCHESTER, NY, Innovator in blockchain technology, today announced the company has secured $ 1.5 million in funding led by FuturePerfect Ventures.
Case, an innovator in blockchain technology, today announced the company has secured $ 1.5 million in funding led by FuturePerfect Ventures, along with RRE Ventures, High Line Venture Partners and the Rochester Institute of Technology Fund, among others. The company's funding round follows the recent launch of Case's credit card-sized hardware wallet at TechCrunch Disrupt NY. Selected to debut among TechCrunch's Startup Battlefield, the secure, easy-to-use device leverages multi-signature, multi-factor security with visual validation and global GSM connectivity.

'We're looking forward to providing uncompromised security and ease-of-use for bitcoin buyers, sellers and users, to unlock the potential of bitcoin and blockchain technologies. Making highly secure signing and authentication available across a variety of applications is just the beginning.'

'The recent announcement that the NASDAQ is piloting blockchain technologies for different use cases underscores the promise of the technology and Case is poised to provide trusted, decentralized and biometrically secure signing of those and similar transactions,' stated Case Chief Executive Officer Melanie Shapiro. 'We're looking forward to providing uncompromised security and ease-of-use for bitcoin buyers, sellers and users, to unlock the potential of bitcoin and blockchain technologies. Making highly secure signing and authentication available across a variety of applications is just the beginning.'

Case is developing partnerships with financial services organizations with the goal of driving greater consumer adoption of products that deliver the best security and privacy. As adoption accelerates, Case is poised to provide the secure technology to facilitate blockchain transactions and beyond in just three simple steps.

'FuturePerfect Ventures is thrilled to partner with Melanie Shapiro and Case, which has developed leading edge technology to provide secure blockchain transactions for individuals and enterprises,' said Jalak Jobanputra, founding partner of FuturePerfect Ventures. 'We look forward to working with Case's world-class team to drive adoption of digital transactions and provide broader, more efficient access to financial services for the global market.'

As part of the launch, Case recently announced the availability of a limited number of its bitcoin wallets on a pre-order basis through the company's web site - www.choosecase.com.

About FuturePerfect Ventures

FuturePerfect Ventures (FPV) is a New York City-based early stage venture capital fund investing in 'Interpretative Intelligence' - smart data analytics across the financial services, healthcare, education, commerce and media verticals. FPV was founded by former entrepreneur and VC veteran Jalak Jobanputra, who has invested in successful companies globally since 1999, including Yodlee, Quikr, Financial Engines, TXVia and Schoolnet. More information can be found at www.futureperfectventures.com.

About Case

Based in Rochester, New York, Case was started with the vision of securing transactions on the blockchain. Case's mission is to decentralize security and eliminate single points of failure through trusted biometrically secured devices built on independent out of band communication channels. Backed by FuturePerfect Ventures, RRE Ventures, High Line Venture Partners and the RIT Venture Fund, the company introduced its credit-card sized hardware wallet in 2015 to provide uncompromised security and ease-of-use for bitcoin buyers, sellers and users worldwide. For more information about Case, go to www.choosecase.com.
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