OpenFin, a New York – based common operating layer for financial desktop applications, raised $15m in Series B funding.
Backers included Bain Capital Ventures, DRW Venture Capital, J.P. Morgan, NEX Group’s fintech investment business Euclid Opportunities, Nyca Partners, Pivot Investment Partners and angels and financial industry executives.
The company has raised a total of $22m in venture funding to date.
Led by Mazy Dar, CEO and co-founder, OpenFin uses an open technology stack to create a common operating layer for applications that provide real-time market data, news, research, collaboration services and direct trading capabilities, enabling rapid development and deployment, while simultaneously improving security.
The company’s technology – based on Google’s Chromium engine which runs on Windows, Mac and Linux – powers applications licensed across over 100,000 desktops, including applications from 35 of the world’s largest banks and trading platforms. These customers are using OpenFin to redesign and unify their front-end experience for traders and other end users at banks and hedge funds.
OpenFin also has offices in London.