Chia Network Receives $61 Million in Venture Capital, David Frazee to Join Chia’s Board

Chia Network Inc., the programmable currency platform created by BitTorrent founder Bram Cohen, has raised $61 million in Series D funding, according to a Bloomberg report, according to CoinDesk. Venture capitalist giant Andreessen Horowitz and Richmond Global Ventures led the funding round. David Frazee, managing partner of Richmond Global Ventures, will join Chia’s board of directors, Bloomberg reported, citing sources. He invested separately in the company.