ChartIQ, a Charlottesville, VA-based financial technology company that delivers software for the finance world, completed a $17.4M Series B funding.
The round was led by Digital+ Partners, a German growth equity firm that focuses exclusively on investments in B2B technology companies, with participation from Illuminate Financial Management, Social Leverage, and ValueStream Ventures. In total, ChartIQ has raised over $20m in funding since its founding in 2012.
The company intends to use the funds to increase hiring efforts, expand its headquarters and invest in research and development. It plans to double in size over the next year by adding a few dozen engineers and sales professionals.
Led by Dan Schleifer, CEO and co-founder, ChartIQ provides HTML5 real-time charting software which enables financial institutions to drive their businesses forward and become more profitable. The company’s latest product, Finsemble, is a desktop integration platform that connects disparate applications – modern and legacy – into one unified desktop solution.
The company, which currently employs a total of 50 in Charlottesville, VA New York and London, serves 300 financial services customers globally.