FinTech startup Polygon.io has secured $6m in a Series A round to fund the continuous growth of its platform.?
Polygon.io has created a market data platform empowering developers to interface with real-time and historical financial data.
e.ventures led the round, which also enjoyed participation from existing investor Green Visor Capital. Thomas Gieselmann, co-founder of e.ventures and early investor in companies such as NGINX, Segment.com, AppAnnie and GotoMyPC, will be joining Polygon.io’s board of directors as part of the deal.
“Polygon.io is the easiest and most scalable solution to pipe security pricing data into any trading related software,” said Gieselmann. “With software ‘eating’ security trade execution, their developer-friendly platform will become the foundational building block for the security trading landscape of the future.”
The startup said it will leverage the new cash injection to accelerate sustainable growth and “further its vision of democratising access to the world’s financial market data.” The company will make significant investments in engineering, infrastructure, and data on its mission to help developers build the future of FinTech.
“e.ventures’ investment is a great testament to our success to-date and strengthens our ability to invest in talent and infrastructure to develop our platform and expand our offering,” said Quinton Pike, founder and CEO of Polygon.io. “I am excited to welcome Thomas Gieselmann to the board. His expertise advising tech organizations and love for product make him an ideal partner for us.”
Michael Walsh, general partner at Green Visor Capital and board member at Polygon.io, added, “Polygon.io has set the standard for developer focused institutional quality market data solutions. We are excited to continue supporting this exceptional team on its mission to democratize access to data and enable capital markets innovation.”
Copyright ? 2020 FinTech Global
