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Oanda Raised $100 Million

Oanda Corp., a Toronto-based online foreign currency exchange, has raised US$100 million in second-round funding. New Enterprise Associates led the deal, and was joined by Legg Mason, Cascade Investment and T. Rowe Price. Oanda had raised a $17 million in Series A in 2005 led by Index Ventures, but Index did not participate on the new round. www.oanda.com