March 13th, 2012

‘Social’ Investment Network eToro Is Picking Up Another $15 Million From Spark, Others

eToro's top trader

eToro, the investment network that uses real-time features to let users follow and trade based on other users’ activities, has raised another $15 million in funding in a venture round led by Spark Capital with participation from existing investors BRM, Guy Gamzu and Jonathan Kolber. The new round takes the total amount of funding in the Israel-based company to $33.9 million.

The company, which… → Read More

January 26th, 2011

Investment Network eToro Scores $8.3 Million From Spark Capital, Others

Social investment network operator eToro this morning announced that it has closed a funding round of $8.3 million from Spark Capital, Social Leverage and existing investors.

The money will be used to fuel international growth and further enhancement of eToro’s social trading platform. The platform basically enables investors to see, follow and copy the actions of other investors in real time. → Read More

June 8th, 2010

eToro Adds $2.4 Million To The Coffers: "Zynga For Real Men"

We first wrote about Israeli startup eToro way back in 2007 when it launched. Since then investors have put more than $8 million into the company. Today they’ll announce that Social Leverage has led a third round, adding $2.4 million more.

What is eToro? It’s commodity, currency and index trading made fun and social. Yes, you read that correctly. eToro puts the sexy into silver trading. Users… → Read More

March 31st, 2009

Financial Trading Platform eToro Secures $6.3 Million In Series B Funding

Online financial trading platform eToro has secured $6.3 million in Series B financing from BRM Group, Cubit Investments and other unnamed investors. In 2007, the Cyprus-based startup raised $1.7 million in Series A funding from Cubit Investments, Chemi Peres, and other investors.

The financial trading company, which launched originally as an online foreign exchange trading platform, is small but… → Read More

November 27th, 2007

eToro Makes Forex Trade Child's Play

Israeli eToro is taking a novel approach in simplifying Foreign Exchange (Forex) trading by packaging the complicated concepts involved in trading one currency against another, in fun non-threatening wrappers. Just how big is Forex trading? Try an estimated $3.2 trillion in daily turnover—that’s ~35 times the average turnover of the NYSE. However, unlike stock trading which has been… → Read More