Decentralized currency exchange Ripple Labs rakes in $3.5M in new funding

Ripple Labs — formerly known as OpenCoin — has pulled in $3.5 million in fresh investment, bringing the total to $9 million. New investors include Core Innovation Capital, Venture 51 and Camp One Ventures, while existing investor IDG Capital Partners is back for more. Earlier investors include Google Ventures and Andreessen Horowitz.