Cloud9 Technologies: Raises Another $17.5M
- Raises Another $17.5M to Bring Voice Conversations to the Forefront for Institutional Traders
- For the first time in history, the floor of the NYSE was closed during the pandemic but this did not affect stock trading
- The global finance industry is increasingly becoming digitized and institutional traders rely on communication tools
- This cloud-based voice communication platform integrates with legacy trading technologies and connects counterparties across all asset classes
- Cloud9 is providing the infrastructure for hedge funds, institutional traders, and asset managers to be connected in the cloud
- The investment was a $17.5M Series B funding round led by a strategic investment from UBS
