Bitcoin Personal Server Developer Umbrel Raises $3 million In Seed Round

Bitcoin Personal Server Developer Umbrel Raises $3 million In Seed Round


Today Bitcoin personal server and node developer Umbrel announced it has raised $3 million in seed round funding. The funds will be used to accelerate development at Umbrel and to build out the team at the startup.

Mayank Chhabra, cofounder and CEO at Umbrel commented, “The cloud doesn’t exist. It’s just someone else’s computer. As people de-cloud over this decade, personal servers will become as ubiquitous as the internet routers today.”

Chhabra’s Umbrel journey began in October 2019, when he decided to run his own Bitcoin node on a Rasberry Pi.



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