Celoxica, a London, UK-based provider of ultra low-latency market data, order entry and pre-trade risk solutions, raised £1.5m in funding from Beringea Growth Finance.
The company intends to use the funds to support operational growth as it expands globally and develop new market segments.
Established in 1996 as a spinout of Oxford University and led by Jean-Marc Bouhelier, CEO, Celoxica provides trading solutions to the global financial services industry.
Its products, which leverage Field Programmable Gate Array (FPGA) technology, optimize the performance of trading applications across multiple asset classes, including equity, options, futures, fixed income and FX markets.
Clients include automated trading firms, banks and brokers in the U.S. and Europe.
The company is headquartered in the UK with offices in Chicago, New York and Paris.
FinSMEs
15/09/2014