23 August 2017
Find out more

Caplin secures £6.2 million in second round financing

06 March 2002  |  2781 views  |  0 Caplin secures £6.2 million in second round financing

Streaming market data vendor Caplin Systems has completed a second funding round with investments from Financial Technology Ventures and Elderstreet DrKC totalling £6.2 million.

FTVentures, a San Francisco-based venture capital company specialising in financial technology, has invested £5.5 million in the company, in a combination of new shares and existing shares.

Concurrently, Elderstreet DrKC, now part of Dresdner Kleinwort Capital, has invested £700,000, following on from an initial investment in 2000.

James Hale, managing member, FTVentures, says: "Caplin's RTTP protocol is a breakthrough technology that will change the way market data is delivered. The high calibre client-base including Nasdaq, NYSE, UBS Warburg and CME, combined with the healthy pipeline of blue-chip prospects point to a path of continued growth for Caplin."

RTTP delivers financial market data directly into a client's browser, allowing real-time data to flow through unmodified firewalls, with no application download or software installation. A single RTTP Global Server supports 30,000 users and 800,000 updates/second.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Caplin recruits for European sales drive

Caplin recruits for European sales drive

08 January 2002  |  2821 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
17851 views comments | 41 tweets | 78 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13180 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11813 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11038 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10915 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job