Bitcoin security platform BitGo today announced the hiring of Ben Davenport, who will serve as the company’s chief product officer and co-founder (which is strange, but hey, that’s what the announcement says).
Mr. Davenport is no stranger to the tech field, having worked previously at Google and leaving his position at Facebook to work for the San Francisco-based outfit.
Davenport became a part of the Facebook team when the messaging platform he co-founded, Beluga, was acquired by the world’s biggest social network in 2011, which has since morphed into today’s Facebook messenger.
He’s also a bitcoin angel investor and active in the cryptocurrency community, with insight into security and mult-signature technology that is become very much talked about.
“As I became increasingly involved in the Bitcoin community over the past three years, I realized that the industry must adopt multi-sig in order to provide the security and ease-of-use necessary for Bitcoin to reach mainstream adoption,” he said. “BitGo has the technology and vision to deliver enterprise-grade Bitcoin security solutions on a global scale, and I’m thrilled to be part of the team.”
Davenport will be responsible for overseeing customer-oriented product strategy and development for the company.
“Ben’s experience, values, and strategic vision make him an exceptional addition to the BitGo founding team,” said Will O’Brien, BitGo CEO and co-founder. “Ben holds the respect of his peers in the Bitcoin community, and will surely help BitGo become a trusted brand at a time when demand for institutional Bitcoin transactions is beginning to gain critical momentum.”
BitGo is in the bitcoin security business, and offers a number of products, of which include a multi-signature bitcoin wallet.
For more information on BitGo, check them out at www.bitgo.com.