12 December 2017
visit http://response.ncr.com

Kiodex secures $10 million in second round funding

08 March 2002  |  2772 views  |  0 Kiodex secures $10 million in second round funding

Web-based energy risk management solutions provider Kiodex has secured an additional $10 million in financing from Warburg Pincus, following the private equity firm's original $15 million investment in April 2001.

Kiodex plans to use the investment for expansion of the company as well as development of additional enhancements to its flagship software application, the Kiodex Risk Workbench.

Stewart Gross, senior managing director of Warburg Pincus and a member of the Kiodex board of directors, notes: "Every company needs to know what its energy exposure is at any time on a mark-to-market basis. This increased focus makes the services that Kiodex provides even more valuable to today's corporate marketplace."
KeywordsFINDEX

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 company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit http://info.nice.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18953 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11737 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8524 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7020 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6505 views comments | 19 tweets | 11 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job