OpenGamma Raises $6.0M in Equity Funding
Summary
OpenGamma, Inc., a London, UK-based company that is developing an open source financial analytics and risk management platform for traders in global markets, has raised $6.0m in equity funding., a London, UK-based company that is developing an open source financial analytics and risk management platform for traders in global markets, has raised $6.0m in regulatory filing with the S.E.C., investors include FirstMark Capital and Accel Partners.According to a, investors includeand The company intends to use the new funds to strengthen the sales, marketing and commercial operations teams, establish strategic alliances, continue to build a dynamic open-source community and expand research and development initiatives in anticipation of the general availability of its platform in early 2011.As part of these efforts, OpenGamma is also opening an office in New York City, where the world’s leading financial institutions are headquartered.It can also be personalized into any type of custom analytics application required in a modern trading firm.
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