Circle is about enabling global digital currency and transforming the world economy with secure, simple, and less costly technology for storing and using money.
We’re as excited about Bitcoin and digital currency as we were when we first discovered the Internet in 1990. And we feel that opportunities for transforming payments and finance are as profound today as the opportunities were in 1993 to transform media, communications and commerce with the Web.
We’re entering a more deeply integrated world economy, driven by the Internet, where social identities, media, communications and commerce flow freely across the planet, instantly and with virtually no cost to users. Yet our existing infrastructure for handling money remains decades old, frustrating users and creating an enormous tax on our world economy.
Something big has to change. We want to help.
To do this, Circle is building a suite of online products for end-users, businesses and charities aimed at enabling greater ease-of-use in online and in-person payments, enhanced security and privacy for consumers, and lower costs for businesses in accepting digital payments. We’re very hard at work, and looking forward to having you try our products soon.
Our platform is built on top of open standards and open protocols such as Bitcoin, and Circle is a Gold Member of the Bitcoin Foundation. We deeply believe that open source and open standards are the foundation of this next Internet tsunami, and we hope to collaborate broadly with the developers and companies around the world that are embracing these new technologies and standards.
We come to this project having pioneered and nurtured Internet technologies and services that have transformed software, media and communications, and have built and helped to lead many significant global public companies. We hope to help do the same for Bitcoin and digital currency.
Mr. Allaire brings two decades of experience building and leading global Internet software platform and online service companies, including Allaire Corporation, where as co-founder and CTO he led the company’s product and GTM strategy. The company was a pioneer in the use of the Web as a platform for commerce and business applications, and grew to serve over a 1M customers around the world, and as a profitable $120M revenue NASDAQ public company, until the company was sold to Macromedia in late 2000. At Macromedia, Mr. Allaire became the company’s Chief Technology Officer, and co-led products and strategy focused on re-inventing the experiences and rich, transactional applications that were possible on the Web with the Flash Platform, which became the most widely adopted piece of software in the history of computing. After leaving Macromedia in 2003, Mr. Allaire embarked on building Brightcove, a new online service aimed at disrupting the traditional television and video distribution industry. Brightcove grew rapidly adding thousands of major enterprise customers around the world, and today powers video operations on nearly 25% of the top 10,000 websites in the world, reaching ~250M unique viewers each month, and operating as a cash-generating $100M+ revenue company. Mr. Allaire brought Brightcove public on NASDAQ in February of 2012, and after promoting his President and COO to the CEO role, became Chairman in January of 2013. For the past 10 years, Mr. Allaire has also been a Director at Ping Identity Corporation, a high-growth, industry leading software and online service provider for securing identity on the Internet, whose clients include many of the largest financial institutions in the world.
Mr. Neville’s technical creations have reached millions of customers spanning Fortune 500 companies, the Web, iOS and Android devices, desktops, and game platforms across a wide variety of languages, standards, open source groups and solution domains. After developing software for financial companies and advertising agencies as an entrepreneur in the early days of the Web, Mr. Neville joined Allaire Corporation to create enterprise server products. During his tenure — which saw Allaire acquired by Macromedia, and Macromedia subsequently acquired by Adobe — he led the design and development of transaction engines and messaging systems, data synchronization and mapping tools, protocols and integration services; he also represented the company on the JCP Executive Committee which oversaw the Java language and platform, and was a frequent speaker and author on enterprise computing topics. He departed Adobe as a Principal Scientist and joined Brightcove, where he led the development of cloud-hosted consumer software, and since 2008 he has managed his own mobile application and game development studio.
Mr. Beccia brings a substantial amount of experience providing legal guidance with respect to complex financial matters with him to Circle. Prior to joining Circle, Mr. Beccia was Senior Vice President, Deputy General Counsel, and BSA Officer at Boston Private Financial Holdings, Inc., a national financial services organization that specializes in private banking, where he advised on bank regulatory, anti-money laundering, and corporate law issues. Prior to his time at Boston Private, Mr. Beccia served as the Assistant General Counsel of Investors Bank & Trust Company and as Chief Regulatory Counsel and Research Director for The Financial Services Roundtable, which represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to American consumers. Mr. Beccia holds a Bachelor of Arts degree in Political Science from Providence College, a J.D. from Roger Williams University School of Law, and a LLM in Banking and Financial Law from Boston University School of Law. He is Chair of the In-House Counsel Subcommittee of the American Bar Association’s (ABA) Banking Law Committee and currently serves on the U.S. Treasury Department’s Bank Secrecy Act Advisory Group. Mr. Beccia is an adjunct professor at Boston University School of Law and is a frequent speaker on legal and regulatory issues impacting the financial services industry.
James W. Breyer has been a Director of the Company since 2013. Mr. Breyer has been a Partner of Accel Partners, a venture capital firm, since 1987 and is the Founder and Chief Executive Officer of Breyer Capital, a global diversified investment firm. Mr. Breyer is also a co-founder and has been co-lead on the strategic investment committee since inception of the IDG-Accel China Funds. Mr. Breyer was elected as a fellow in February 2013 to the join the Harvard Corporation, the University’s senior governing body. Since 2009, Mr. Breyer has served as a Director of Dell Inc. Mr. Breyer also serves as a Director of several privately-held companies. He previously served as a Director of Facebook from 2005 to 2013, a Director of Wal-Mart Stores, Inc. from 2001 to 2013, a Director of Marvel Entertainment, Inc. from 2006 to 2009, a Director of RealNetworks, Inc. from 1995 to 2008, a Director of Model N, Inc. from 2000 to 2013 and a Director of Brightcove from 2005 to 2013.
As a venture capitalist and an investor in a diverse portfolio of companies, including numerous consumer Internet, media, and technology companies, Mr. Breyer has significant experience in strategic planning and investment management. His entrepreneurial vision, investment expertise and in-depth knowledge of new and existing technologies offer valuable insight into industries relevant to the Company’s business operations.
As a Managing Director of General Catalyst Partners, David concentrates on software and technology, i.e. deployment infrastructure, tools, application development and packaged applications within the enterprise software sector. He is based in the firm’s Cambridge office.
Prior to joining General Catalyst Partners, David Orfao held the positions of President, CEO or Senior VP of Sales, Operations or Marketing for four publicly held companies. Most recently, David led Allaire Corporation from 1997 to 2000 as President, CEO, and Board Member. During his tenure, Allaire grew from a venture-backed start up to a public corporation trading on NASDAQ. The company pioneered the Internet Application Server market with industry leading products such as ColdFusion and JRun. In January of 2001, Allaire merged with Macromedia Corporation which was subsequently acquired by Adobe Systems (NASDAQ: ADBE). During his leadership from 1997 to 2000, Allaire Corporation’s annual revenues grew from approximately $2.4 million to $119.0 million, and the number of its employees increased from approximately 12 to 400.
Raj Date is the Managing Partner of Fenway Summer LLC. For Raj, Fenway Summer is the latest chapter in a long and varied career in and around U.S. financial institutions — as a senior policymaker, as a bank executive, and on Wall Street. Raj was the first-ever Deputy Director of the U.S. Consumer Financial Protection Bureau (CFPB). As the Bureau’s second-ranking official, he helped steward the CFPB’s strategy, its operations, and its policy agenda. Before being appointed Deputy Director, Raj acted as the interim leader of the new agency, serving as the Special Advisor to the Secretary of the Treasury.
Prior to joining the Treasury Department, Raj was Chairman and Executive Director of the Cambridge Winter Center for Financial Institutions Policy, from its founding through September, 2010.
Before his time in public policy, Raj was a Managing Director in the Financial Institutions Group at Deutsche Bank Securities, where he led the firm’s investment banking coverage for the largest U.S.-based banks and thrifts. His client work focused on calibrating credit deterioration, evaluating capital-raising alternatives, and generating liquidity. Before that, Raj was Senior Vice President for Corporate Strategy and Development at Capital One Financial, where he led M&A development efforts across the U.S. banking and specialty finance markets. He began his business career in the financial institutions practice of the consulting firm McKinsey & Company. He has also served as an attorney, in both private and government practice.
In conjunction with work with Fenway Summer, Raj serves on Advisory Panels and Boards of Directors for a number of institutions. Before joining Treasury, Raj served on the Boards of Directors of Prosper Marketplace, Inc.; Demos, a New York-based think tank; and the South Asian American Forum.
He is a graduate of the University of California at Berkeley (highest honors), and the Harvard Law School (magna cum laude). He lives in Washington D.C. with his wife, a federal prosecutor, and their twin son and daughter.
M. Michele Burns is Chair, Audit Committee and member of all other standing committees of the board of directors at Goldman Sachs. Ms. Burns is also director at Cisco Systems and is Chairman and Chief Executive Officer at Mercer LLC, a subsidiary of MMC, a global leader in human resource consulting, outsourcing and investment services. Ms. Burns is also Chief Executive Officer for the Retirement Policy Center of Marsh & McLennan Companies Inc. and Fellow and Strategic Advisor for Stanford University’s Center on Longevity. Previously, Ms. Burns sat on the board of directors at Wal-Mart Stores, was Chief Financial Officer at MMC, Chief Financial Officer and Chief Restructring Officer and Executive Vice President of Mirant Corporation, Executive Vice President and Chief Financial Officer of Delta Air Lines, and Senior Partner and Leader, Suthern Regional Tax Practice for Arthur Anderson LLP. Ms. Burns is also a board member and Treasurer of the Elton John AIDS Foundation.
Ifty Ahmed, General Partner, joined Oak in Jan 2003 and he currently focuses on investing across the technology sector with an active interest in Consumer Internet companies. His current investments include Attivio (unified enterprise search), B5M (comparison search in China), B&M Holdings (parent of IMIExchange, the worlds largest marketplace for virtual goods), Giosis Gmarket (pan-Asian e-Commerce), nomorerack (curated e-Commerce), Tikona Digital Networks (wireless broadband services in India), Wonga (online financial services) and Ybrant Digital (BSE: YBRANTDIGI).
His realized investments include Airespace (acquired by Cisco); CDNetworks (acquired by KDDI); GMarket (NASD: GMKT, later acquired by eBay), iTouch (acquired by Buongiorno), Kayak (NASD: KYAK, later acquired by Priceline), and Kenet (acquired by Intersil). Prior to joining Oak, Ifty worked as an investment professional at Goldman Sachs and Fidelity Ventures. Right after college, he also worked in engineering and field operations with Schlumberger-Wireline & Testing across the Middle East, North Africa and the North Sea Region. Ifty graduated in engineering from the Indian Institute of Technology (IIT), New Delhi, in 1993 and he earned his MBA from Harvard Business School in 1999, where he graduated with High Distinction and was selected to be a Baker Scholar.
Circle is all about enabling global digital currency and transforming the world economy with secure, simple, and less costly technology for storing and using money. We’re on a mission and we need your help. If you’re interested in this space or simply curious to know more and possess exceptional intellect, drive and passion, then you've found the right place.
We are always on the lookout for exceptional people, including:
If you love start up environments where you roll up your sleeves and want to make a measurable impact, then get in touch with us at firstname.lastname@example.org
We’re just getting started, but we offer great benefits and perks, including: