3forge, a leading developer of High Impact code solutions for business-critical applications, has successfully secured its first external investment.
Morgan Stanley, a key player in the financial sector, has chosen to back the technology firm, marking a significant milestone in 3forge’s history since its inception in 2011.
The investment by Morgan Stanley is not just a financial boost but a strategic alliance that underscores the financial giant’s confidence in 3forge’s innovative technology solutions. The exact amount of the investment was not disclosed, but the partnership is set to propel 3forge into new markets and expansion phases.
3forge specialises in a high-performance platform that allows developers to create robust enterprise applications. The company’s technology is pivotal in the integration, virtualization, processing, and visualisation of real-time data, which enhances front-end application development and deployment.
The newly acquired funds will be channelled towards accelerating 3forge’s global go-to-market strategy and expanding its development community. This investment is poised to further enhance the capabilities of 3forge, enabling it to offer even more advanced solutions to its clients, which include Tier-1 global banks, hedge funds, asset managers, and exchanges.
Since its launch, 3forge has been at the forefront of driving client-driven transformations in business applications. Its platforms have been instrumental for numerous financial institutions around the globe, enhancing workflow and productivity across various financial sectors.
3forge Founder Robert Cooke expressed his enthusiasm about the partnership, stating, “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.”
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