Tuesday, April 8, 2008

Marketcetera Inc is an open-source platform for automated trading, has raised $4 million in Series A funding

What Company Is Offering:
Marketcetera Inc is committed to providing fast, flexible and reliable securities trading tools to financial services professionals. Their mission is to make world-class order-management and risk-management software available and affordable to individuals and to institutions of all sizes. Marketcetera focuses on building the key trading functions that are common to all organizations, thus freeing our clients to concentrate on proprietary trading algorithms and other specialized software that provide a competitive advantage.

How Much They Got FRom VCs:

Marketcetera Inc., a Redwood City, Calif.-based developer of an open-source platform for automated trading, has raised $4 million in Series A funding, according to VentureWire. Shasta Ventures led the round, and was joined by existing angels like Clarium Capital's Jack Selby.

More at:http://www.marketcetera.com/

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