eToro Completes Funding Round of $8.3 Million led by Spark Capital

eToro, the world's largestinvestment network, announced today that it has closed a funding round of 8.3million US dollars in funding from Spark Capital, Social Leverage andexisting investors to fuel international growth and continue to evolve Toro'ssocial trading platform. Over the past 24 months, eToro has experiencedexponential growth and has created the world's largest online investmentnetwork with 1.5 million users in over 130 countries and thousands of newaccounts opened each day.

The Spark team has been instrumental in the development of new marketsand market leaders such as Twitter, Boxee, 5Min, Altius Education, AdMeld,Verivue and Tumblr.

"We are very pleased to have Spark Capital on board," said eToro CEO,Johnathan Assia. "Spark has a successful track record with social networkoriented companies such as Twitter and eToro is proud to be in such goodcompany. We are committed to making trading a fulfilling and rewarding socialexperience and with the support of Spark Capital we have the needed capitaland partners to continue to lead the market and fuel our explosive growth andexpansion into new regions."

By combining the capabilities of simple to use trading platforms with acommunity powered investment network eToro is uniquely positioned to lead thesocial trading revolution and break down the barriers of complex trading.eToro enables users to view, share and copy their chosen trader's moves inreal time and provides every individual with easy access to the world'sfinancial markets.

About eToro

eToro is the world's largest investment network, with over 1.5 millionusers in over 130 countries and thousands of new accounts opened each day.eToro leads the social trading revolution through its community powerednetwork, which enables every investor to see, follow and copy the actions ofother investors in real time. eToro's mission is to open the financialmarkets to every individual and make them accessible through a simple,transparent and more enjoyable way to trade currencies, commodities andindices online. Based on a wide range of innovative web-based and mobiletrading platforms that appeal to every level of trading expertise, eToro'sinvestment network facilitates information exchange between investors,accelerates knowledge sharing and shortens the learning curve for those whowant to bring their trading experience to the next level. .

About Spark Capital

Spark Capital is a venture capital firm based in Boston, Massachusetts,with investments focused on the conflux of the media, entertainment andtechnology industries. Over the last decade, the Spark team has beeninstrumental in the development of new markets and market leaders such asAkamai Technologies, Qtera, Aether Systems, Novatel Wireless, Twitter, 5Min,Altius Education, AdMeld, Verivue and Tumblr. With deep experience and $980million under management, Spark Capital provides world-class entrepreneursand revolutionary companies with the resources to succeed in today'smarketplace.