Multex Raises $11.5M; Plans Internet-Based Multexnet Service

MARKET DATA & NEWS

RESEARCH distribution vendor Multex Systems has completed a fourth round of financing that raised $11.5 million in venture capital from new investors Chase Capital Partners and Softbank Holdings as well as the vendor's existing investors. Multex plans to use the cash to build its new, Internet-based, research report distribution service, the so-called Multexnet.

Multex markets the Multex Publisher full-text, graphical research report distribution service. Multexnet was launched two weeks ago

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