Bitcoin Startup Circle Secures $17 Million Venture Financing

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Circle Internet Financial Ltd., a Boston-based startup that is developing tools for consumers to use the digital currency Bitcoin, has raised $17 million in venture capital in a second funding round.

Circle, which has raised a total of $26 million, is also starting its first service, a Bitcoin account that is “consumer facing” and not aimed at people who want to trade Bitcoins for dollars or other currencies.