Currensee hauls in USD2m extra funding

Tue Jan 24 2012, 16:20 PM

Currensee, a Boston-based social network for currency trading, has added USD2m to its latest funding round. The Series C round started in April 2011, when the firm secured USD4m from North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital. The latest capital injection is being funded by five unnamed investors, bringing total backing to USD14.8m. The funds will be used for overseas expansion, staff growth at the company’s UK and Europe offices, as well as partnerships. Currensee says it is the first social network for trading on the foreign exchange market.

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