AcadiaSoft Finds $4M

AcadiaSoft, which makes software for managing derivative investments, has raised $4 million in equity financing, according to an SEC filing. The Pembroke, MA-based startup told Mass High Tech that the investors in the financing included large financial institutions such as HSBC Holdings and ICAP, both of which are based in London, and New York-based JP Morgan Chase & Co.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.