SR Labs Secures $53,000,000 New Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e58f72dd-f604-4d3a-854a-1078ae82a9f3&Preview=1 -
Date
1/11/2013 -
Company Name
SR Labs -
Mailing Address
11 Broadway New York, NY 10004 -
Company Description
Street Response Laboratories (SR Labs) provides complete electronic trading solutions for the Financial Industry, enabling them to meet the challenges of rapid change, business efficiency and performance. The focus of SR Labs is to combine expert business knowledge with top-notch technical skills resulting in innovative and robust electronic trading applications. -
Website
http://www.srtechlabs.com -
Transaction Type
Venture Equity -
Transaction Amount
$53,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
SR Labs will use the capital to expand its sales and marketing operations, accelerate its growth outside of North America, and to continue to fund product innovation. -
M&A Terms
-
Venture Investor
Insight Venture Partners
