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Venture capital funds finding forex cash

Posted Oct 11th 2009 2:10PM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Private Equity, Personal Finance

Investors have flocked to foreign exchange trading over the past 10 years, and the venture capital community is ready to grab a piece of the action.

Two companies -- Currensee Inc. and Tradonomi LLC -- are angling for central spots in this emerging trading community, and several funds are placing pretty big bets on their success. Currensee has a social network for forex traders, while Tradonomi's move was to create a game-like user interface to make it easier for would-be fortune-makers and thrill-seekers to trade foreign currencies.

Continue reading Venture capital funds finding forex cash

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