Lightpoint Completes Series A Financing Round

The company will use the funds to further develop its cross-asset platform and expand its distributed-ledger program.

Funds analysis and research

Trading, risk, and analytics technology firm Lightpoint has completed a series A financing round aimed to help polish its cross-asset platform and distributed-ledger programs.

The company would not disclose the amount it raised. Participants in this round of funding included Citco Group of Companies and Ares Management.

As part of the financing round, Citco head of fund services Jay Peller and Ares chief executive officer and president Michael Arougheti will join Lightpoint’s board.

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