Align Commerce, the cross border blockchain based payments company, secured $12.5m in Series A funding. CEO, Marwan Forzley, described the business as, "Align takes the payor’s currency, exchanges it into bitcoin, and then exchanges the bitcoin to the payee’s currency. In this way, the startup avoids the cumbersome bank wire transfer process." The round was let by Kleiner Perkins. This is Kleiner's first bitcoin related investment.