Currensee Secures $4M in Series C Financing
Summary
Series C financing.Currensee , a Boston, MA-based alternative investment service that allows investors to access to currency markets across the world, has secured an additional $4m in Investors include North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital.This brings the total amount raised by the company to date to $16.8m.The company intends to use the funds to: – develop new decision-making, collaboration and portfolio management tools for investors, – advance its technology infrastructure including data center expansion and enhancements to the Currensee Intelligent Trade Replication Technology™, a trade automation engine that manages the timing and round-turn execution of trades – expand its sales teams in the UK and Europe, – sign new global partnership deals in Asia and Europe.Led by CEO Dave Lemont, Currensee recently launch of the Currensee Trade Leaders™ Investment Program, a service that enable retail investors to automatically replicate the trades of some of the most successful traders in the world.