Further funding for Gain Capital

TECHNOLOGY NEWS

NEW JERSEY -- Internet FX trading service Gain Capital has completed its second round of funding with money from three US venture funds, the firm announced last week.

The undisclosed amount of investment, from Edison Ventures, Cross Atlantic Capital Partners and Blue Rock Capital will be used for software research and development, marketing initiatives, and a wireless trading project, Gain said.

The receipt of funds is based on an increased valuation of the company, and is particularly import

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