OpenFin Raises $35M in Series D Funding

OpenFin

OpenFin, a New York-based provider of an enterprise productivity operating system, raised $35M in Series D funding.

The round was led by Bank of America with participation from Pivot Investment Partners and ING Ventures. Additional investors in the round included CME Ventures, CTC Venture Capital, SC Ventures , Tribeca Early Stage Partners, Bain Capital Ventures, Barclays, DRW Venture Capital, HSBC, J.P. Morgan, NYCA Partners and Wells Fargo Strategic Capital.

The company intends to use the funds to help accelerate the adoption of OpenFin OS across the financial industry and beyond.

Led by CEO Mazy Dar, OpenFin is an operating system of enterprise productivity, enabling app distribution, workspace management and workflow automation. Introduced in 2021, OpenFin Workspace includes an app launcher, notification center, universal search, an enterprise browser with default interoperability, and app store capabilities. These components help unify and simplify the end user experience across both internal and 3rd party apps, enhancing productivity and reducing operational risk. The software is now used at more than 3,800 banks, wealth, and asset management firms in 60+ countries.

The company is based inĀ New YorkĀ with an office inĀ LondonĀ and presence inĀ Hong KongĀ andĀ Singapore.

FinSMEs

24/05/2023