ACTIV Financial Garners $23,500,000 New Funding Round

  • Feed Type
  • Date
    1/20/2010
  • Company Name
    ACTIV Financial
  • Mailing Address
    125 South Wacker Drive Chicago, IL 60606
  • Company Description
    ACTIV Financial Systems, Inc. is a leading provider of market data content and technologies to market makers, hedge funds, brokers and trading systems. The company provides managed low-latency and high-volume market data services to more than 300 customers worldwide. As vendor of record, ACTIV also delivers consolidated, hosted and on-site ticker plant services for exchanges around the globe. ACTIV is privately owned with offices in Chicago, New York, Tokyo, Singapore and London.
  • Website
    http://www.activfinancial.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $23,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    ACTIV will use the proceeds to drive new customer acquisition, power continued product innovation and meet the escalating market demand for quality, cost-effective and ultra-low latency market data solutions.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners

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