Golden
Circle (company)

Circle (company)

Circle is a peer-to-peer payments technology company that is headquartered in Boston, Massachusetts and was founded in 2013 by Jeremy Allaire and Sean Neville.

Circle is a cryptocurrency and fintech company developing digital currency products. They offer two mobile applications, available for IOS and Andriod, for making cryptocurrency investments (Circle Invest) and transferring money (Circle pay). The company is headquartered in Boston, Massachusetts and was founded by Jeremy Allaire and Sean Neville in October, 2013.

Funding

Series A

On October 13, 2013 Circle closed their series A funding round with $9 million in funding from General Catalyst Partners, Breyer Capital, and Accel.

Series B

On March 26, 2014 Circle closed their series B funding round with $17 million in funding from Pantera Capital, Oak Investment Partners, General Catalyst Partners, Fenway Summer Ventures, Michele Burns, and Leonard Schrank.

Series D

On May 13, 2016 Circle closed their series D funding round with $60 million in funding from IDG Capital, Breyer Capital, General Catalyst Partners, Baidu, CICC Alpha, China EverBright Investments, Fenbushi Capital, CreditEase, Glenn Hutchins, and Sam Palmisano.

Series E

On May 15, 2018 Circle closed their series E funding round with $110 million in funding which was lead by Bitmain; and Tusk Ventures, Pantera Capital, IDG Capital, General Catalyst Partners, Digital Currency Group, and Breyer Capital also participated in the funding round. The round came with news of a new partnership with Circle and Bitmain, a cryptocurrency mining company based in China, that will focus on launching a tokenized US dollar called the USDC or USD Coin.

Timeline

People

Name
Role
Related Golden topics

Abby Wells

Employee

Andres Max Salmeron

Employee

Aniket Bhatnagar

Employee

Augustin Chiumenti

Employee

Brian Bloomer

Employee

Brian Kracoff

Employee

Bryan Stern

Employee

Buzz Ryan

Employee

Carlie Smith

Employee

Chris Hartzell

Employee

Christina Spiliakos

Employee

Christopher Cary

Employee

David B. Kinitsky

Employee

David Klotz

Employee

David Orfao

Board member

David Weinstein

Employee

Eli LeWitt

Employee

Eriks Reks

Employee

Frank Chiang

Employee

George Famutimi

Employee

Grant G.

Investor

James Cercone

Employee

Jeremy Allaire

Co-Founder

Jezerc Jack Begaj

Employee

Jim Breyer

Board member

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Further reading

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Companies

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References