Circle raises $17M in funding

Date:
Wednesday March 26, 2014

Company Name:
Circle

Company Website:
http://www.circle.com

Categories:
Consumer Web, eCommerce, Enterprise Software, Internet

Deal:
Funding

Source:
http://bit.ly/PbvAcO

Circle Internet Financial, a digital currency company, today announced that it has closed $17 million in Series B financing, bringing its total raise to date to $26 million. Breyer Capital, Accel Partners and General Catalyst Partners were joined by new investor Oak Investment Partners to lead the round. Other Series B investors included Pantera Capital; the Bitcoin Opportunity Fund of Barry Silbert, founder and chief executive officer of SecondMarket, Inc. and founder of the Bitcoin Investment Trust; Leonard H. Schrank, former chief executive officer of SWIFT (Society for Worldwide Interbank Financial Telecommunication); and, Circle board member M. Michele Burns. Fenway Summer, a leading consumer finance advisory and venture firm led by Circle board member Raj Date, was also an investor in the Series B financing.  READ MORE