AUSTIN, Texas, Feb. 19, 2020 /PRNewswire/ — Austin-based Eventus Techniques, Inc., a multi-award profitable world commerce surveillance and market danger software program platform supplier, introduced that the agency has simply raised $10.5 million of progress capital in a Collection A funding spherical. Traders included a spread of enterprise capital and monetary providers organizations, led by Chicago-based Bounce Capital and Austin-based LiveOak Enterprise Companions.
The funds will allow Eventus to additional improve its expertise, considerably enhance its gross sales, growth and repair workers globally and proceed to develop its buyer base. Additionally collaborating within the spherical had been present prospects and buyers, together with Coinbase Ventures and Chimera Securities.
Peter Johnson, Principal of Bounce Capital, and Krishna Srinivasan, Founding Companion of LiveOak, have joined the Eventus Board as a part of the financing. Rosenblatt Securities served as an advisor to Eventus on the funding spherical.
“Eventus is disrupting the commerce surveillance area, and its modern expertise, scalable mannequin and seasoned management place the agency to be the unparalleled market chief within the coming years,” stated Johnson. “Bounce Capital is worked up to make the most of our sources and deep fintech and capital markets expertise to assist additional speed up Eventus’ spectacular progress.”
Srinivasan stated: “We search for Texas-based companies that may develop into world-class, category-dominating corporations, and we imagine that expertise and area expertise are the important substances for that success. The group at Eventus has many a long time of hands-on expertise as market practitioners with an intimate information of the challenges that purchasers face. Its monitor document in simply over 5 years in enterprise – addressing mission-critical challenges of quite a few high companies within the monetary providers trade – is spectacular.”
Eventus CEO Travis Schwab stated: “We now have launched into an aggressive progress technique following our third straight 12 months of doubling each prospects and income, and we’re wanting so as to add a variety of gifted, skilled gross sales, growth and repair professionals to our group to take the agency to the following stage. Our plans embody rising our rising presence and shopper base in Europe – the place we now have robust instruments for addressing MiFID II and associated regulatory necessities – and in Asia, the place we now have tailor-made our platform to fulfill the wants of a number of regional jurisdictions. We now have a unprecedented roster of purchasers, Board of Administrators and group, and we’re actually honored to welcome our new buyers and gratified that present prospects and buyers have reaffirmed their confidence in us.”
Eventus has earned 4 main world recognitions up to now 12 months for its Validus platform, together with an FOW Worldwide Award for finest Market Surveillance product and a Threat Expertise Award for Market Surveillance Product of the 12 months. The agency additionally garnered a Finest Commerce Surveillance Resolution award from A-Group’s RegTech Perception Awards and a spot for the second 12 months operating on the worldwide RegTech 100 record.
Validus helps companies monitor for all buying and selling surveillance necessities together with market manipulation equivalent to spoofing, layering and wash buying and selling. The software program platform options tons of of pre-built surveillance procedures and in actual time processes billions of commerce lifecycle messages per day throughout various asset courses spanning equities, fairness choices, futures, fastened earnings, international change, cryptocurrencies and others. It’s the solely commerce surveillance answer to supply each machine studying and a procedural strategy in a single seamless bundle to not solely scale back alert noise but in addition help prospects in clever concern decision.
About Eventus Techniques
Headquartered in Austin, Texas, and serving purchasers globally, Eventus Techniques, Inc. provides one of many main world commerce surveillance and market danger platforms. Out there as a cloud-based or real-time enterprise on-premise answer, the Validus platform offers refined market surveillance and monetary danger capabilities, enabling purchasers to resolve among the most urgent regulatory challenges. Validus combines a number of expertise stacks together with synthetic intelligence (AI) to generate the optimum variety of actionable alerts throughout equities, fairness choices, futures, international change (FX), fastened earnings and digital asset markets. Shoppers embody Tier 1 banks, brokerages and futures fee retailers (FCMs), proprietary buying and selling companies, exchanges, corporates and buy-side companies. Go to www.eventussystems.com. Comply with Eventus Techniques on LinkedIn and on Twitter @EventusSystems.
About Bounce Capital
Bounce Capital is a thesis-led enterprise capital agency specializing in collection A/B and growth-stage investments starting from $2 million to $20 million. Bounce focuses on data-driven software program corporations throughout the fintech, info expertise and knowledge infrastructure, enterprise Software program-as-a-Service (SaaS), and media sectors. Investing with an operating-centric strategy, Bounce offers advocacy and assist for entrepreneurs, complemented with institutional stage sources. Go to http://www.jumpcap.com for extra info or observe us @jumpcapital.
About LiveOak Enterprise Companions
LiveOak Enterprise Companions is a enterprise capital fund based mostly in Austin, Texas. With 20 years of profitable enterprise investing in Texas, the founders of LiveOak have helped create almost $2 billion of enterprise worth. Whereas nearly all of LiveOak’s investments start on the Seed and Collection A levels, LiveOak is a full life cycle investor centered on serving to create class main expertise and technology-enabled service corporations headquartered in Texas. LiveOak Enterprise Companions has been the lead investor in about 30 thrilling high-growth Texas-based corporations within the final seven years together with ones equivalent to CS Disco, Digital Pharmacist, OJO Labs, Opcity and TrustRadius.
SOURCE Eventus Techniques