Topic: [2018-10-04] journalducoin.com - ACINQ: the Parisian startup raises 1.4 million€ (Read 131 times)

Original article in French

Translation (apologies for the possible mistakes):

ACINQ, a French startup based in Paris, recently announced in a press release that it raised $ 1.7 million to support their work. Remember that ACINQ has set the goal of accelerating the adoption of Bitcoin's Lightning Network. The startup is a heavyweight in this field, and its name is regularly mentioned alongside Blockstream and Lightning Labs, with whom it has been working together since 2015.

The company announced the end of a new round of fundraising, which will have brought in $ 1.7 million, bringing the total funding of ACINQ up to $ 2 million. If we do not know the exact allocation of these funds, it seems clear that the startup will continue to develop its services in connection with the LN.

"ACINQ will use this new funding to grow its engineering team, develop new services based on Lightning, and, more generally, to do everything it can to help build and develop the Lightning Network. Extract from the press release.

ACINQ had already launched, earlier in the year, its "Éclair" wallet, one of the first functional Lightning wallets. Since then, the startup is at work to develop a set of software to use all the features of Lightning via smartphone. The company also launched Strike, a web API that allows businesses to easily receive funds through Lightning.

This is new good news for all Bitcoin supporters, we hope that the adoption of the LN will be catalysed, and that the "French touch" will continue to talk about it in the ecosystem. Congratulations to them!

Sources: Coindesk; Bitcoin.fr