OpenGamma Secures $6 million Series B To Power Open Source For Wall Street
Summary
The truth – far too too seldom stated – is that as well as operating in a ‘Valley’ manner, equally European startups can come out of a sector-specific business context. London is also becoming a center for fashion startups like Editd and Garmz. To that end today OpenGamma is a new kind of financial startup, based in London, which has an open source analytics and risk management platform for the financial services industry. Today it’s completed a $6 million Series B round of equity financing led by FirstMark Capital, a New York-based VC. Accel Partners joins the round as a return investor.
Funding
Amount
$6.0M
Total raised
Date
January 17, 2011
Announcement date
Investors
Accel, FirstMark
Lead investors
Company
http://www.opengamma.com
Funded company
Classifications
industries
Fintech & Banking
applications
Governance, risk and compliance
AskAI Classifications
Labels
Financial Software
Risk Management Software
Derivatives Trading Software
Linked Companies
OpenGamma Limited
$1M to $5M