Eventus Systems Raises $10.5M in Series A Funding Round
Summary
Eventus Systems, Inc., an Austin, Texas-based global trade surveillance and market risk software platform provider, raised $10.5m in Series A funding. Peter Johnson, Principal of Jump Capital, and Krishna Srinivasan, Founding Partner of LiveOak, have joined the Eventus Board as part of the financing. The company intends to use the funds to further enhance its technology, increase its sales, development and service staff globally and continue to grow its customer base. Led by CEO Travis Schwab, Eventus Systems provides a software platform for solving pressing regulatory technology (regtech) challenges for capital markets organizations, including Tier 1 banks, brokerages and futures commission merchants (FCMs), proprietary trading firms, exchanges, corporates and buy-side firms. The software platform features hundreds of pre-built surveillance procedures and in real time processes billions of trade lifecycle messages per day across diverse asset classes spanning equities, equity options, futures, fixed income, foreign exchange, cryptocurrencies and others.