Tech Company Financing Transactions
RiskMetrics Group Funding Round
On 6/15/2004, RiskMetrics Group raised $122 million in funding from Spectrum Equity, General Atlantic and TCV.
Transaction Overview
Company Name
Announced On
6/15/2004
Transaction Type
Venture Equity
Amount
$122,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new investment will allow the firm to rapidly advance its strategy of delivering a wide range of middle office services such as risk management, data management and risk reporting to asset managers, banks, corporate treasuries, hedge funds, insurance companies, pension funds and regulators.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1 Chase Manhattan Plaza
New York, NY 10005
USA
New York, NY 10005
USA
Phone
Website
Email Address
Overview
RiskMetrics Group is the leading provider of risk analytics to blue-chip financial institutions, and more recently has established itself as the market leader for hedge fund and other alternative investment managers in effect, the equivalent of a ratings agency for complex securities
Management Team
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