Burlingame, Calif. -- Zecco Holdings, developer of a financial social networking community and operator of a free stock trading site, said that it has raised $25 million in a new round of funding from several new and previous investors. The company has now raised more than $35 million since its inception, with notable backers including shareholders Morten Lund of LundKenner, an early investor in Skype, and Dutch telecom pioneer Marcel Boekhoorn. "With the additional funding, we anticipate our current capital is sufficient to carry us to profitability," said Jeroen Veth, the CEO of Zecco. The company launched its Zecco Trading unit in October 2006, and last month launched an investing community called ZeccoShare.
http://www.zecco.com
http://biz.yahoo.com/bw/071113/20071113006002.html?.v=1
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