Firm58 Obtains $7,000,000 Series C Round

  • Feed Type
  • Date
    6/4/2010
  • Company Name
    Firm58
  • Mailing Address
    130 South Jefferson Street Second Floor Chicago, IL 60661
  • Company Description
    Firm58 offers on-demand post-trade management
    software solutions to manage critical operations such as position
    management, billing, reconciliation, payment, fees and commission
    calculations, in addition to customer, financial and operational analytics.
    By automating all post-trade processes regardless of asset class (equities,
    foreign exchange, fixed income, futures, etc.), Firm58 enables
    organizations to increase revenues while simultaneously reducing costs.
  • Website
    http://www.firm58.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The investment will be used to fuel Firm58’s growth and expansion to provide post-trade Software as a Service (SaaS) solutions to capital markets firms.
  • M&A Terms
  • Venture Investor
    New World Ventures
  • Venture Investor
    North Bridge Venture Partners

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