Celoxica, a London, UK-based provider of ultra low latency market data, order entry and pre trade risk solutions for high frequency traders and brokers, completed a $3m funding.
The round was led by Oxford Capital Partners, with participation from existing institutional investors.
The company intends to use the capital to expand its sales and marketing presence in the US and Europe and continue to invest in its technology.
Led by Jean Marc Bouhelier, Chairman and CEO, Celoxica provides trading solutions to automated trading firms, banks and brokers seeking to optimize the performance of their trading applications across multiple asset classes in all market conditions.
The company just extended to its hardware accelerated market data products with the launch of the Generic Book Accelerator or GBA product line for the US markets.
Celoxica also has offices in Chicago and New York.