Paris based secure crypto hardware wallet startup Ledger has raised a $75m Series B led by Draper Espirit, after raising a $7m round last year.
The company has sold a million hardware wallets in 2017. While this sounds impressive, it’s even more impressive when you compare it to 2016. Ledger only sold 30,000 wallets in 2016 — it represents a 33x year-over-year increase. It’s important to note that Ledger is already profitable. Ledger currently has 82 employees in Paris, San Francisco and Verizon. The company also plans to launch the Ledger Vault, a security solution for banks, hedge funds and family offices that want to invest in cryptocurrencies.