Total raised
$10.5M
Last: Undisclosed 2015-05
Stage
Mature
Founded
2013
Headcount
2
HQ
Kiryat Gat
Sector
Business Software
About
Spondoolies-Tech offers hosting solutions for managing Bitcoin-mining equipment. The company contributes to the cryptocurrency infrastructure. Building mining rigs from the bottom up, Spondoolies-Tech produces machines designed for efficiency and performance. Easy to use and simple to set up, the companys rigs are suitable for both private and commercial users.
Funding history · 3 rounds · $10.5M total
2015-05
Undisclosed
$1.5M
2014-10
Series B
$5.0M
2013-01
Series A
$4.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is the primary business of Spondoolies-Tech?
- Spondoolies-Tech offers hosting solutions for managing Bitcoin-mining equipment and produces mining rigs designed for efficiency and performance, suitable for both private and commercial users.
- When was Spondoolies-Tech founded?
- Spondoolies-Tech was founded in January 2013.
- What is the current operational status of Spondoolies-Tech?
- Spondoolies-Tech has been inactive since May 2016.
- How much total funding has Spondoolies-Tech raised?
- Spondoolies-Tech has raised a total of $10,500,000 across multiple funding rounds. For a full financing history, refer to startupim.
- Which investor participated in Spondoolies-Tech's Series B round in October 2014?
- BRM Group was an investor in Spondoolies-Tech's Series B round in October 2014.
- Which company invested in Spondoolies-Tech's Undisclosed round in May 2015?
- Bitcoin Shop Inc. (BTCS) invested in Spondoolies-Tech's Undisclosed round in May 2015.
- What was announced regarding Spondoolies-Tech and Bitcoin Shop (BTCS) in April 2015?
- In April 2015, it was announced that Bitcoin Shop (BTCS) would merge with Spondoolies-Tech to create a publicly traded Bitcoin mining company.
- Who is a known founder of Spondoolies-Tech?
- Guy Corem is a known founder of Spondoolies-Tech.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsIT & Network ManagementFintech & Insurtech
Target customers
ConsumersEnterprise & Professional ServicesEnterprises
Business model
B2CB2B
Tags
bitcoindata-mininghardwarecryptocurrencysemiconductorsblockchain