30 Apr '15, 12pm

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

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

Circle, a company that lets users easily send and receive bitcoins, has raised a $50 million funding round led by Goldman Sachs and China's IDG Capital Partners, the company announced Wednesday . Launched in October 2013, Circle had two funding rounds prior to this one — $9 million at time of launch and another $17 million in March 2014. This latest round of funding brings Circle's total raise to date to $76 million. According to the Wall Street Journal , the round brings the company valuation to around $200 million. See also: Bitcoin experts will gather on Richard Branson's private island, as you do In a blog post, Circle founder and CEO Jeremy Allaire (former CEO of Brightcove, which navigated that company through an IPO in 2012) wrote that the company "could not be happier" with the new investors, and it's easy to see why. With Bitcoin exchanges failing left and right i...

Full article: http://mashable.com/2015/04/30/bitcoin-startup-circle-rai...

Tweets

Bitcoin Start-Up Circle Snaps Up $50M From Gold...

cbnco.biz 30 Apr '15, 11am

Jeremy Allaire’s bitcoin start-up Circle has just secured $50 million in funding from Goldman Sachs and IDG Capital Partne...

It’s Happening: Goldman Sachs Just Dropped $50 ...

observer.com 30 Apr '15, 2pm

It was only last year that Goldman Sachs was telling investors that Bitcoin wasn’t a safe store of value. Looks like they’...

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 ...

Goldman Sachs just put a bunch of money into a ...

uk.businessinsider.com 30 Apr '15, 1pm

REUTERS/Lucas Jackson Goldman Sachs is jumping on the Bitcoin bandwagon. The New York Times reports that Goldman "struck a...

Goldman Sachs just put a bunch of money into a ...

uk.businessinsider.com 30 Apr '15, 1pm

REUTERS/Lucas Jackson Goldman Sachs is jumping on the Bitcoin bandwagon. The New York Times reports that Goldman "struck a...

"Goldman and IDG Put $50 Million to Work in a Bitcoin Company " by NATHANIEL POPPER via NYT

"Goldman and IDG Put $50 Million to Work in a B...

nytimes.com 30 Apr '15, 4am

Photo A Hong Kong shop advertises its acceptance of Bitcoin payment. Goldman has called the virtual currency a coming “meg...

Goldman Sachs a lead investor in funding round ...

wsj.com 30 Apr '15, 3am

Goldman Sachs Group Inc. is one of two lead investors in a $50 million funding round for bitcoin startup Circle Internet F...

Bitcoin brokerage Circle just got a $50 million investment

Bitcoin brokerage Circle just got a $50 million...

uk.businessinsider.com 30 Apr '15, 4am

Thomson Reuters A bitcoin sticker is seen in the window of the 'Vape Lab' cafe, where it is possible to both use and purch...

Bitcoin in the Headlines: Media Ga-Ga for Goldman Sachs

Bitcoin in the Headlines: Media Ga-Ga for Goldm...

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Bitcoin in the Headlines is a weekly look at global bitcoin news, analysing media and its impact. Ever-hungry for product ...

Bitcoin is going legit: @rob1cox

breakingviews.com 30 Apr '15, 9pm

At the end of a panel discussion at the Inside Bitcoins conference in New York this week – billed as the largest such even...

It’s Happening:Goldman Sachs Just Dropped $50 M...

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Goldman Sachs is jumping on the Bitcoin bandwagon. The New York Times reports that Goldman “struck a partnership with a ma...

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Goldman Sachs Bets on Bitcoin

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spectrum.ieee.org 04 May '15, 8pm

Circle , a Boston-based Bitcoin startup, announced last week that it had completed a US $50 million round of funding. Amon...