Andreessen Horowitz-backed startup Blockspring acquired by Coinbase

17 Jan, 2019
by Richard Allen
Andreessen Horowitz-backed startup Blockspring acquired by Coinbase

Blockspring, a San Francisco-based startup that made tools for developers to collect and manage data from APIs, has officially been acquired by Coinbase.

“Joining Coinbase was a no-brainer for a number reasons including its commitment to establishing an open financial system and the strength of its engineering team, led by Tim Wagner (formerly of AWS Lambda). Making the technical simple and accessible is what we’ve always been about at Blockspring. And now we’ll get to push these goals forward along with the talented folks at Coinbase to make something greater than we could on our own,” CEO Paul Katsen wrote in the company's announcement.

Blockspring made developers’ lives easier by creating a platform that pulled data from various APIs into Excel and Google Sheets. The startup received a $3,4 million backing from Andreessen Horowitz and SV Angel in 2015.

According to the announcement, the Blockspring team will join Coinbase, but “Blockspring will continue to operate as an independent company and our products will continue to operate for current and new customers as they always have.”

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Read more about:Coinbase


Are you excited about the acquisition?

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it was not a good idea to join Coinbase scam. after joining you can say good-bye to your money ) lol
20 Jan, 2019 - 19:32
It is not very funny coz I suffered from coinbase. its better not to create account at all
22 Jan, 2019 - 09:22
personally i think that everything connected with Coinbase becomes ashes. to bad for guys from San-Francisco
20 Jan, 2019 - 20:02
yes, coinbase = ache
21 Jan, 2019 - 07:55
Coinbase wants to assign the users data? Very suspiciously!
20 Jan, 2019 - 21:23
I think Coinbase will collect personal information about customers and sell it
20 Jan, 2019 - 21:40
omg! And what if Blockspring and Coinbase get access to our passwords and accounts and steal our money?
20 Jan, 2019 - 21:58
i don't know why they joined Coinbase but now no way back, soon they will meet up
20 Jan, 2019 - 22:24
new opportunity for Coinbase to steal at least the personal data of startup users
don't believe that such cooperation was for good causes
23 Jan, 2019 - 23:14
BB one more perspective startup. Coinbase will bury your honesty and transparency under the fraudness
24 Jan, 2019 - 21:10
so soon the startup will meet the problems which will appear during the work with a fraud Coinbase)
i'm sad for these guys but that's life
24 Jan, 2019 - 22:49

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