Integral Development raises $11M for electronic foreign exchange trades

Integral Development, provider of a software platform that connects global financial institutions for electronic foreign exchange trading, just raised $11 million in a round of capital provided in part by Adams Street Partners. The system allows individual investors to make their own trusted trades or broker trades for clients, reports VentureWire.

Based in Mountain View, Calif., the 100-employee company has also taken financing from Accel Partners, Hudson Ventures, MMV Financial and Sand Hill Capital. It recently hit profitability and is looking to expand its sales and customer support departments.

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