Armory - About Page


Armory builds enterprise grade Bitcoin security software solutions and provides Bitcoin security consulting services to institutions for deploying a Bitcoin security plan.

In early 2011 Alan Reiner started building the best Bitcoin wallet which pioneered the cold storage Bitcoin wallet concept. This innovation created a new best practice standard for Bitcoin security by splitting the core client functionality between network security and wallet security. He was also instrumental in the innovation of hierarchical deterministic wallets. Armory is an extremely advanced and completely trust-less solution where users are in complete control of generating and storing the private keys.

Knowing how many bitcoins are secured in Armory Bitcoin wallets is impossible because of privacy and security measures built into the software. But we know that the number is at least hundreds of thousands and most likely in the millions. When it comes to seriously and professionally securing bitcoins then the private keys must be adequately respected and Armory must be strongly considered.

At a Bitcoin conference Farhod was asked why one should store their bitcoins using Armory Bitcoin Wallet. He quickly responded, 'Because whoever steals your bitcoins will.'



Alan ReinerAlan Reiner is a cryptocurrency security pioneer and widely recognized as a world leading Bitcoin security expert and as a trusted source for security best practices. Under his leadership Armory has innovated new Bitcoin security features and enterprise-grade functionality. Alan spent seven years at John Hopkins Applied Physics Laboratory developing sophisticated real-time image and video processing algorithms for missile defense.

He holds graduate degrees in engineering mechanics and applied mathematics with additional background in statistics, data mining and cryptography.


A hacker on computers since fourth grade who contributes to open source and is a big-time believer in Bitcoin. Previous work has included Monetas, RetailMeNot, Elysium Digital, Gramify and many others.

At Armory he is working on developing enterprise solutions and interfacing with corporate and institutional customers.


Andy Ofiesh was the second developer to join Alan working on developing advanced Armory Bitcoin wallet features. He is a senior software developer with over 20 years of experience developing enterprise level software for companies such as Juniper Networks, Intel and Nortel.

Andy holds a degree in systems engineering and graduate degrees in computer science and computer systems engineering.


Farhod joined the Bitcoin security community in March 2011 and has been a long-time contributing Armory fan having helped track down and squash bugs. His impeccable work led to a full-time position. He has experience developing accounting, supply management, payments API integration and is a very successful bug bounty hunter identifying critical bugs in well known libraries.

He applies C++ and Windows API skills to Armory in Bitcoin security, wallet development, testing, debugging, wallet data consistency checks, recovery procedures and scalability. He has personally and thoroughly been involved in the development, testing and review of almost the entire Armory Bitcoin wallet codebase.


Charles is a software engineer with a Linux/C++ and open source background. He has 10 years professional programming experience with specialization in systems programming and databases and spent many years as a contributor to the open-source KDE project. His previous employer is a major player in the telecom industry where he implemented a time series database for storing network traffic statistics.

At Armory he is working on the C++ blockchain engine, Hardware Security Module (HSM) development and other enterprise grade Bitcoin security applications.

He holds a degree in computer science and wrote his thesis on the topic of Natural Language Translation.


Doug is a veteran software developer who joined Armory in Jan. 2014. He has over a decade of software development expertise. He did general software development for the United States Navy and network security and lawful intercept development for Acme Packet.

At Armory he develops advanced features, security maintenance, maintains the OSX version, interfaces with clients to solve Bitcoin security related software problems.

Doug holds a graduate degree in computer engineering and graduate certificates in information assurance and technology management.



Adam BackAdam Back currently serves as the Founder and President of Blockstream and is pioneering the sidechains project for the core Bitcoin protocol.

He has worked on e-cash protocols since 1995 as an applied cryptographer and is cited by Satoshi Nakamoto in the Bitcoin whitepaper as the inventor of the hashcash proof-of-work and decentralized mining used in Bitcoin security. He was an architect and cryptographer at Zero-Knowledge Systems working on its Freedom network, a precursor to Tor. Most recently, Adam co-founded Picorp which was acquired by EMC.

He holds a Ph.D. in distributed systems and computer science from the University of Exeter.


Kevin BombinoKevin Bombino holds a Harvard computer science degree and was as a Bridgewater developer before becoming an entrepreneur and investor in core Bitcoin infrastructure like Armory and Kraken.</span>

Kevin brings a tremendous amount of entrepreneurial experience, technological prowess and practical understanding of how to apply blockchain technology in business settings.


Trace MayerTrace Mayer hosts the Bitcoin Knowledge Podcast, is an early Bitcoin thought leader, maintainer of We Use Coins, entrepreneur, monetary scientist and investor with companies such as BitPay and Kraken.

He led the Armory seed round and holds accounting and law degrees and has studied Austrian economics.

Venture Capital Rounds

company Armory Technologies: $0.6 million - Seed

1-Sep-2013 | Wallet

Investors: Trace Mayer, Jim Smith, Kevin Bombino, Individual Investors

Headquartered: Baltimore

Country: United States