Ledger Raises $108 Million at $1.41 Billion Valuation

Ledger is a software company and hardware wallet maker which stores the user’s private keys. The company designs and develops security and infrastructure solutions for cryptocurrencies and blockchain applications for companies and individuals. As for corporations and enterprises, Ledger developed the Vault. The Vault is a SaaS solution that focuses on the safeguarding of multiple cryptocurrencies.

Ledger has announced a $108 million extended fundraising for its Series C round. The fresh funding values Ledger at $1.41 billion, the same price tag it was given by investors through its last raise in June 2021.

Ledger, France, was founded by David Balland, Eric Larchevêque, Joel Pobeda, Nicolas Bacca, and Thomas France in 2014. Ledger has already sold approximately 3 million hardware wallets. Currently, the company has more than 800 employees in Paris, Vierzon, New York, Zurich, and Singapore. Except for wallets, Ledger also offers a slew of crypto-related services and has been making an effort to become a more popular consumer brand. “The Internet was this revolution of information, and now it’s given birth to this revolution of value,” said Ian Rogers, Ledger’s chief experience officer since January 2021. “From the speculation to NFTs, to digital collectibles, digital tickets, digital memberships and ultimately digital identity.”

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