Founded in December of 2014, Scalable Capital is a European online investment manager with 40 employees and offices in Munich and London. It has raised more than $12 million in two rounds, the most recent of which closed in April. Both rounds were led by Munich-based venture capital firm HV Holtzbrinck Ventures. Scalable Capital is licensed in Germany and the UK and also serves the Austrian market. Scalable Capital believes its focus on risk management and on the investor’s risk …