Wealth firm netDecide raises $6.5m additional funding

Wealth firm netDecide raises $6.5m additional funding

Online wealth management systems vendor netDecide has secured an additional $6.5 million in funding from venture capital and financial service companies in a round of private equity investments.

The round was co-led by Dominion Ventures and Walker Ventures with additional investments from Bank of America, Ernst & Young LLP, Legg Mason, WomenAngels.net, eMedia Club and existing individual investors.

The additional funding provides netDecide with the necessary capital to continue with marketing and product expansion plans.

The company has already established partnerships with Standard & Poor's, Ernst & Young, IBM, Advent Software and Savvis Communications.

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