Tech Company Financing Transactions
Firm58 Funding Round
Firm58, based in Chicago, secured $3.7 million in investment from New World Ventures.
Transaction Overview
Company Name
Announced On
4/4/2007
Transaction Type
Venture Equity
Amount
$3,700,000
Round
Series A
Investors
New World Ventures (Lead Investor) (Adam Koopersmith)
Proceeds Purpose
Firm58 intends to use the
additional capital to ramp up its sales and marketing efforts while
extending its leadership position as an on-demand technology provider to
the financial markets.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
118 South Clinton St. 600
Chicago, IL 60661
USA
Chicago, IL 60661
USA
Phone
Website
Email Address
Overview
Firm58 provides cloud-based broker dealer and trading firm back office automation solutions, including profit analysis, compliance and surveillance, CSA and soft dollar management, compensation, accounting, position reporting and billing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nick Fera
Chief Technical Officer
James Mullen
VP - Client Services
Lily Hwang
Browse more venture capital transactions:
Prev: 4/4/2007: Surface Logix venture capital transaction
Next: 4/4/2007: Biodiesel Technologies venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs