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 Series C financing.
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.