Alan Reiner said, “We're excited to get funding which enables more
talent to develop Armory without the pressure to produce revenue. Trace
believes the Bitcoin ecosystem desperately needs Armory's features and
that is one of many reasons why we picked him as our investor. He deeply
understands Bitcoin and his first priority is for the Armory team to
focus on developing a quality product that adds value.”
Trace Mayer commented, “Bitcoin is still in beta but time is important.
We need to push forward development of advanced, complex and powerful
cryptographic tools. Alan is among the best in the world at what he does
and his fruit, Armory, is the best of breed Bitcoin wallet, open-source
and a free application. While there is no immediate plan for how to
monetize Armory, nevertheless, I feel confident in Alan’s ability to
continue adding tremendous value to the Bitcoin ecosystem that greatly
benefits all of us who use Armory to secure our financial rights in
Cipherspace. After all, Bitcoin is the innovative spearhead of creative
destruction of the financial and monetary systems.”
About Armory Technologies, Inc.
Armory Technologies, Inc. are the creators of Armory, the most simple,
solid, and secure Bitcoin wallet initially released in 2011. To learn
more about software and services offered by Armory visit: https://www.bitcoinarmory.com/
About The Investors
Trace Mayer is an entrepreneur, investor, journalist, monetary scientist
and ardent defender of the freedom of speech with degrees in Law and
Accounting. He has studied Austrian Economics focusing on the work of
Murray Rothbard and Ludwig von Mises and operates the privacy blog How
To Vanish (http://www.howtovanish.com).
Kevin Bombino is a technologist, entrepreneur and investor with a degree
in Computer Science from Harvard. He’s been a Bitcoin miner and Armory
user since 2011 and runs a technology incubator in Las Vegas.
James Smith earned degrees from Harvard and Wharton, practiced as a CPA,
and worked in several financial and lending capacities including
commercial real estate at Texas Federal Savings. He later operated as a
private investor in the public securities market and joined Weber Hall
Sale and Associates in October 1987. In 1991, he went on to manage funds
for Bedrock Capital, L.P. and its predecessors.
Armory Technologies, Inc.
Matt Hensley, 866-243-7116
Source: Armory Technologies, Inc.