30 Apr '15, 11am

Bitcoin Start-Up Circle Snaps Up $50M From Goldman Sachs

Jeremy Allaire’s bitcoin start-up Circle has just secured $50 million in funding from Goldman Sachs and IDG Capital Partners. Goldman and IDG join previous Circle investors Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway Summer, Digital Currency Group and Pantera Capital. And Circle is not the only crypto-currency start-up garnering attention from some very mainstream financial players – rival firm Coinbase recently finished off a large growth that saw participation from the New York Stock Exchange and USAA. With the latest infusion of cash, Circle will now upgrade its services to allow customers to send and receive U.S. dollars as well as Bitcoin. The point of the addition of this feature is to fully tap into the benefits of the blockchain, settling transactions both more quickly and cheaply than traditional online financial tran...

Full article: http://cbnco.biz/bitcoin-start-up-circle-snaps-up-50m-fro...

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Jeremy Allaire's Bitcoin Startup Circle Takes $...

techcrunch.com 30 Apr '15, 7am

Circle , the Bitcoin startup that veteran entrepreneur Jeremy Allaire started, just raised $50 million from Goldman Sachs ...

Jeremy Allaire’s Bitcoin Startup Circle Takes $...

techcrunch.com 30 Apr '15, 7am

Circle , the Bitcoin startup that veteran entrepreneur Jeremy Allaire started, just raised $50 million from Goldman Sachs ...

Bitcoin startup Circle raises $50 million from Goldman Sachs and IDG

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