Blockstream Welcomes Ben Teitelbaum, VP of Engineering, to Leadership Team

SILICON VALLEY, Calif., Jan. 5, 2017 /PRNewswire/ -- Blockstream, the leader in blockchain and related technologies, today announced a new member to its executive team. Starting this month, Ben Teitelbaum is joining Blockstream as its new Vice President of Engineering.

"Ben's professional background, experience leading engineering teams, and his passion for technology, coupled with his commitment to building products and platforms that solve real world problems, are an exceptional fit for Blockstream," said Blockstream's CEO, Dr. Adam Back. "We're very fortunate to have him join the company to help our growing engineering team excel at delivering a number of exciting and industry leading projects during 2017."

Prior to joining Blockstream, Ben was CTO and VP of Engineering at Open Garden, leading the team that created the offline messaging app FireChat. Ben has held leadership positions at three other peer-to-peer companies, including BitTorrent, Dyyno, and Plicto, which heco-founded. Plicto's novel background transport protocol transformed the way that BitTorrent, Apple, and other companies deliver large downloads.

"Over the past 15 years, I had the privilege of working closely with Ben, most recently at Open Garden," said Stanislav Shalunov, Founder of Open Garden. "Ben is a rare technologist: an expert in his own specialty, he also brings engineers together and leads them with skill and grace, earning their trust and motivating the team to deliver results. I am very happy for Ben as he is starting a new journey with Blockstream."

Earlier in his career, Ben led advanced networking programs for Internet2, a consortium of research universities. These included two voice-over-IP peering fabrics and an interdomain IP differentiated services testbed. Ben contributed to the engineering of the Abilene backbone network and led the team that won the SuperComputing 2000 Network Challenge Award for "Most Captivating and Best-Tuned Demonstration."

Ben holds degrees from the University of Wisconsin and MIT and is the co-author of several IETF RFCs. He will be based in Blockstream's offices in the Bay Area.

About Blockstream

Blockstream provides a range of software and hardware solutions and expert professional services to companies deploying new blockchain-based networks. The company, founded in late 2014, raised $76 million in two rounds of funding from leading investors in Asia, Europe and North America, including AME Cloud Ventures, AXA Strategic Ventures, Blockchain Capital, Digital Currency Group, Digital Garage, Future\Perfect Ventures, Horizons Ventures, Innovation Endeavors, Khosla Ventures, Mosaic Ventures, Real Ventures, Reid Hoffman, and Seven Seas Venture Partners.

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