ACTIV Financial Garners $23,500,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a0f997e-2758-4236-8cba-6bb921fa9fa1&Preview=1 -
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
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Venture Investor
Bessemer Venture Partners
