IEX Lands $75,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b017c4ae-a975-4a74-8034-d00051b86ead
Date
9/4/2014
Company Name
IEX
Mailing Address
7 World Trade Center 30th Floor New York, NY 10007 USA
Company Description
IEX is the first equity trading venue owned exclusively by a consortium of buy-side investors, including mutual funds, hedge funds, and family offices. Dedicated to institutionalizing fairness in the markets, IEX will provide a more balanced marketplace via simplified market structure design and cutting-edge technology.
Website
http://www.iextrading.com
Transaction Type
Venture Equity
Transaction Amount
$75,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The new round of financing will be used to pursue registration as a U.S. national exchange and expand its brand reach.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor