Bitcoin Startup Circle Seeking $40 Million in New Funding, Report Says

Circle Internet Financial is looking to raise as much as $40m as part of its latest funding round, according to a new report.

By Stan Higgins

Apr 27, 2015, 4:25 PM

Updated Aug 18, 2021, 3:51 PM

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Circle

Bitcoin brokerage Circle Internet Financial is said to be raising as much as $40m in new funding.

As reported

by Fortune, Circle is raising the funds at a valuation of $200m, citing persons with knowledge of the negotiations. A representative for Circle declined to comment.

The move, if confirmed, would represent Circle's largest funding effort to date. Circle raised $17m in a Series B round last year, following an earlier $9m in Series A funding from 2013.

The funding would raise Circle's total investment to $66m.

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Stan Higgins

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