Canvas leads funding of online money manager FutureAdvisor

FutureAdvisor, which operates an online-based financial advisory services, announced it has raised $15.5 million Series B round that was led by Canvas Venture Fund. Existing investors, including Sequoia Capital, also participated in the round. As part of the funding, Rebecca Lynn, managing director of Canvas, has joined the board. FutureAdvisor has now raised $21.5 in total financing.

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