Follow The Money: 10 Recent Tech VC Investments In March


Circle

Headquarters: Boston

CEO: Jeremy Allaire
New Funding: $17 million
Round: B
Backers: Breyer Capital, Accel Partners, General Catalyst Partners, Oak Investment Partners, Pantera Capital, Bitcoin Opportunity Fund of Barry Silbert, Leonard H. Schrank, M. Michele Burns, Fenway Summer

With all of the hype around Bitcoin, Circle's solutions help make it easier for customers and businesses to use Bitcoin with better privacy and security and lower costs. Circle also announced a limited release of its consumer product before a full rollout later this year.

"With accelerating consumer and business interest in digital currency all around the world, it’s critical that we have the capital and leadership team to execute on our vision for consumer finance and global payments built on Bitcoin," CEO Jeremy Allaire said.