New Enterprise Associates invests $100 million in Foreign Exchange Company

New Enterprise Associatesof Menlo Park has announced that it led a $100 million investment into Oanda Corp., a foreign exchange company. New York-based Oanda was the first company to make comprehensive currency exchange information available over the Internet. It now has three lines of business based on its currency database, including currency conversion and localization for individuals and businesses; decision support tools for institutional investors; and currency markets trading products.