MMKT Exchange Receives $5,900,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1b9d623-bfa9-4dfc-8382-fd8cca72573d
Date
10/1/2015
Company Name
MMKT Exchange
Mailing Address
One Penn Plaza 36th Floor New York, NY 10119 USA
Company Description
The existing middle market loan syndication process is incredibly inefficient. Not only can it take many weeks to several months to complete, but it is also only accessible to large domestic institutional purchasers. The MMKT Exchange has been developed to solve these problems.
Website
http://www.mmkt.com
Transaction Type
Venture Equity
Transaction Amount
$5,900,000
Transaction Round
Undisclosed
Proceeds Purposes
MMKT will use the funding to accelerate the growth of its infrastructure and sales team, expand its product offering and execute its product roadmap.
M&A Terms
Venture Investor
QED Investors
Venture Investor
Victory Park Capital
Venture Investor
Fifth Street Management
Venture Investor
Investor
Venture Investor
Investor