Coinbase acquires Andreessen Horowitz-backed API firm Blockspring

posted about 1 month ago
Blockspring, a startup that makes tools for collecting and managing data from APIs, has been acquired by Coinbase. Blockspring praised Coinbase’s commitment to establishing an open financial system and the strength of its engineering team. The San Francisco-based Blockspring makes it easy to pull data from various APIs into Excel and Google Sheets.

The startup had been backed by Y Combinator and a $3.4 million funding round from Andreessen Horowitz in 2015. More recently, Blockspring had built an integration for Coinbase into its service. The company stated “Blockspring will continue to operate as an independent company and our products will continue to operate for current and new customers.” The Blockspring deal is Coinbase’s 11th acquisition, according to data from Crunchbase.
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