FX Aligned raises $1.25M

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Date:
Monday June 04, 2012

Company Name:
FX Aligned

Company Website:
http://fxaligned.com

Categories:
Enterprise Software

Deal:
Funding

Source:
http://1.usa.gov/Lix5A9

As per SEC filings, FX Aligned has raised $1.25M in funding.  FX Aligned is a stealth mode startup that is being founded by Ty Danco and is part of MassChallenge.  Here's their elevator pitch from the MassChallenge website:

Institutional investors are plagued by the inability of most trade order management systems to deal effectively with foreign exchange. FX Aligned provides clients all the benefits of modern trading: auto-trading, anonymity, netting, algorithmic trading, etc., in an intuitive "set it and forget it" method that greatly reduces operational and market risk.