A year ago, the idea of a Bitcoin startup raising nearly eight figures in funding would have been all but unfathomable. Then again, so would the idea of a well-known tech exec jumping into the Bitcoin space
On Thursday, a new startup called Circle announced raising a $9 million Series A round from big-name investors including Jim Breyer, Accel Partners and General Catalyst Partners. Much of that funding can be chalked up to the pedigree of its founder, Jeremy Allaire, a serial entrepreneur who founded and currently serves as the chairman of Brightcove, an online video platform
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Read more : Brightcove Founder Raises $9 Million to Take Bitcoin Mainstream
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