Venture-backed OANDA acquires Currensee Global

Toronto-based OANDA Corp, a provider of foreign exchange trading services, has acquired the Boston, Mass.-based Currensee Global Inc, which conducts forex market copy trading within a proprietary social trading network. The financial terms of the deal were not disclosed. OANDA is backed by several U.S. venture capital firms and other investors, including Cascade Investment, Index Ventures, Legg Mason, New Enterprise Associates and T. Rowe Price. The company has since 2005 raised over US$117 million in Series A and B funding rounds.

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