Simplex Raises $7 Million for Credit Card Bitcoin Buying ServiceAn Israeli bitcoin startup focused on enabling bitcoin purchases with credit cards has closed a $7m Series A funding round.
Backing Simplex are bitcoin mining firms Bitmain and Cumberland Mining, and FundersClub, a crowdfunding platform that previously invested in Coinbase. A group of angel investors, which Simplex declined to name, also contributed to the funding.
http://www.coindesk.com/israeli-bitcoin-startup-raises-7m-in-series-a-round/