Enlighten yourself by capturing latest News and unique articles from Business and Tech world daily on your mail box. Subscribe Siliconindia Dailydose Now!!
Jersey City, NJ: Mantara, a provider of advanced technology solutions for securities trading, has announced the closing of a $7.6 million round of strategic funding that will allow the company to accelerate product delivery.
Witnessing the promise of Mantara's technology and the current enthusiasm for its solutions across a broad spectrum of buy- and sell-side institutions, the investors have reaffirmed their support with this new round of financing. Led by MDV, Southern Cross Venture Partners, CM Capital and Allen & Buckeridge, the funding will play a key role in advancing the development of the Company's innovative and integrated product offering, ramping its customer acquisition and support structure, and expanding its data center in response to strong market demand.
"We are encouraged by the traction that Mantara's expressWay solution set is already gaining among
progressive trading institutions across the markets," stated Bob Christiansen, Managing Director of Southern Cross Venture Partners. "We believe this funding will help further build out its cutting-edge technology infrastructure and deepen its product and service offering at a time when its solution is resonating with a growing population of trading professionals," he added.
Processing .....please wait.. 
The article has been forwarded.... 
