OpenExchange, a Boston, MA-based provider of video and virtual event solutions for financial communications, completed an initial closing of nearly $23m in Series D funding.
The round was led by Kingfisher Investment Advisors and by Stonebridge Ventures.
The company intends to use the funds for further development of its recently-announced OE VIZION, a next-generation platform for virtual and hybrid events, as well as complementary acquisitions in content development, meeting logistics, media streaming, and data analytics.
Led by CEO Mark Loehr, OpenExchange provides Based in Boston, New York, London, Hong Kong and Seoul, OpenExchange video-enables the daily communications of the financial services and professional investment industry and its clients with advanced one-to-one, one-to-many, and many-to-many video technologies, tools and services. Anchored by its experience in connecting more than 100,000 video endpoints in the professional investment community and more than 500,000 registered users to its video platform, the OpenExchange Network bridges the worlds of real-time videoconferencing, video live-streaming, and searchable on-demand video archives and showcases, making it easy to connect, create, disseminate, and discover information critical to investment and business decisions.
The company is based in Boston, New York, London, Hong Kong and Seoul.