OpenFin, a New York and London, UK-based operating system (OS) of finance, raised $17m in Series C funding.
The round, which brought OpenFin’s total amount of venture funding to $40m, was led by Wells Fargo with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners.
The company intends to use the funds for further product innovation, including its new Cloud Services offering, which enables banks, asset managers, wealth managers and hedge funds to provide their own private app stores for employees and customers out of the box.
Led by Mazy Dar, CEO and Co-Founder, OpenFin provides a desktop operating system which enables financial services firms to build new applications with modern web technology while enabling secure integration with legacy applications.
The company currently deploys more than 1,000 desktop applications to more than 1500 buy-side and sell-side firms across 200,000 desktops in 60+ countries.