3forge Secures Investment From Morgan Stanley
September 04 2024 - 2:00AM
3forge, the leader in innovative High Impact™ code solutions for
business-critical applications, announced today that it has closed
on an investment by Morgan Stanley. This is the first time 3forge
has raised external capital since launching in 2011.
3Forge is a high-performance platform used by developers to
build enterprise applications. Its technology has enabled the rapid
development and deployment of front-end applications with a focus
on real-time data integration, virtualization, processing and
visualization.
Since 2014, Tier-1 global banks, hedge funds, asset managers,
exchanges, and sovereign wealth funds have deployed 3forge’s
platform to power hundreds of client-driven, critical business use
cases.
Robert Cooke, Founder of 3forge, added: “We are
thrilled to close on an investment by Morgan Stanley, a
longstanding partner who truly understands the value and
performance of 3forge technology. This is an exciting milestone as
we continually expand our capabilities to help enhance client
workflows and productivity.”
The funds will be used to accelerate 3forge’s global
go-to-market strategy and expand its development
community.
-ENDS-
About 3forge
3forge is the full-stack, high-impact code platform with 100%
flexibility and scalability even for the most complex data sets.
Trusted by half of all tier-one banks and many buy-side firms,
3forge specializes in real-time data integration, virtualization,
and visualization to deliver unmatched performance, scalability,
and security.
They offer a powerful suite of tools including an in-memory
database, event processor, and a robust data virtualization layer,
all designed to facilitate the creation of custom applications with
minimal coding.
For more information, visit https://3forge.com
Investor Relations: Peter
Sibirzeff Peter.sibirzeff@3forge.com
Media contact: Melanie
Buddenmelanie.budden@therealizationgroup.com
Marketing: Eugene
Farber eugene.farber@3forge.com
Media contact:
Melanie Budden
melanie.budden@therealizationgroup.com