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Iris Dorbian

BitPay said Thursday it raised an additional $2 million in seed financing led by Founders Funds, which includes three founders of PayPal. Heisenberg Capital also participated. BitPay is a payment service provider that specializes in e-commerce and enterprise solutions for virtual currencies.
Funding Profiles said on Wednesday that it has received initial seed investment. The investor is a Facebook executive whose name has not been disclosed. Funding Profiles has also been selected to join the VentureChoice Incubation Program. A provider of financial software solutions, Funding Profiles is based in Sunnyvale, California, and has offices in Seattle, Philadelphia, and Washington D.C.
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