US-based start-up OpenFin has raised $35 million in a Series D funding round led by Bank of America. The funding will be used to further expand the adoption of OpenFin’s workspace platforms in the financial services industry.
Facts
- OpenFin has secured $35 million in a Series D funding round led by Bank of America.
- The funding round saw participation from Pivot Investment Partners, ING Ventures, CME Ventures, CTC Venture Capital, SC Ventures, and Tribeca Early Stage Partners.
- OpenFin, founded in 2010 and headquartered in New York, provides workspace platforms to financial services firms.
- The company’s operating system is used by over 3,800 banks, wealth, and asset management firms across 60 countries.
- OpenFin previously received a $10 million investment from ING Ventures and formed a strategic partnership with In-Q-Tel (IQT) in November 2022.
- The new funding will be used to accelerate the adoption of OpenFin’s software in the financial services industry.
- Mazy Dar, CEO of OpenFin, stated that OpenFin Workspace is transforming the experience for employees and customers by replacing traditional browsers with an enterprise browser designed for work.
