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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

May 15, 2018

Circle raises a $110,000,000 series E round from Pantera Capital, IDG Capital Partners, Bitmain, Tusk Ventures, Blockchain Capital, General Catalyst, Accel, Digital Currency Group and Breyer Capital.

March 2014

Circle raises a $17,000,000 series B round from Accel Partners, Pantera Capital, General Catalyst, Oak Investment Partners, Digital Currency Group and Breyer Capital.

October 30, 2013

Circle raises a $9,000,000 series A round from Accel Partners and Jim Breyer.

People

Name
Role
LinkedIn

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

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News

Title
Author
Date
Publisher
Description
Kate Knibbs
January 15, 2020
Wired
WIRED spoke with the winning contestant of Netflix's reality show about the apartment, the rules of catfishing, and what's next. (Spoilers ahead.)
February 27, 2019
WebWire
14 billion miles. Zero Accidents. That's enough miles to make about 200 round trips to Mars, or over nine round trips to Saturn. It's enough to circle the earth at the equator over half a million times. And it's the number of miles the drivers who make up UPS's elite Circle of Honor have collectively driven during their careers, without so much as a fender bender. UPS (NYSE:UPS) today announced the induction of 1,436 men and women into this elite group of UPS drivers who have not had a...
Matt Burns
Invalid Date
TechCrunch
Circle makes a fantastic screen time management tool and today the company announced a round of funding to help fuel its growth. The $20 million series B included participation from Netgear and T-Mobile, along with Third Kind Venture Capital and follow-on investments from Relay Ventures and other S...
International Coach Federation
Invalid Date
www.prnewswire.com:443
LEXINGTON, Ky., Feb. 14, 2019 /PRNewswire/ -- The International Coach Federation (ICF) has opened nominations for its second class of Circle of Distinction...

References