Tech Company Financing Transactions
Firm58 Funding Round
Firm58, operating out of Chicago, scored $7 million from New World Ventures and North Bridge Venture Partners.
Transaction Overview
Company Name
Announced On
6/4/2010
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series C
Investors
New World Ventures (Adam Koopersmith)
North Bridge Venture Partners (James Moran)
Proceeds Purpose
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.
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: 6/4/2010: Tolera Therapeutics venture capital transaction
Next: 6/7/2010: Ozmo Devices 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