Visible Alpha Raises $38M from Banks

The new investment brings the total funding raised by Visible Alpha in the last three years to almost $70 million.

scott-rosen

The funding round was led by Goldman Sachs, and also included new investors Santander InnoVentures (the venture capital arm of Banco Santander), Exane BNP Paribas, Macquarie Group, Royal Bank of Canada and Wells Fargo, as well as existing investors Bank of America, Citigroup, Jefferies, Morgan Stanley and UBS. The vendor previously raised $30 million in seed financing from those five initial investors.

“This capital gives us additional resources to maintain our growth trajectory and deliver on

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