AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Online bond trader raises second-round funding.
Bondweb.com Inc. of Seattle has raised about $1 million from a group of Unnamed, investors, said CEO Stephen Jencks.
The financing was its second, following a first round of $1.3 million about a year ago, Jenecks said.
The money in both rounds was raised from individual investors, many from within the bond-trading business, said Jencks, who is also a principal of Jencks & Co. LLC, a bond-trading brokerage firm. He declined to identify the investors, but said local fishing company owners also were well-represented.
Bondweb allows its customers -- institutional traders such as governments, insurance companies and mutual fund companies -- to negotiate …
