Embium Successfully Raises Another Round of Funding
TORONTO, November 12, 2013 – Embium, a Canadian provider of automated trading technology for global financial firms, announced another significant round of funding from two high profile investors. It was requested that the amount not be disclosed.
The funding will serve to accelerate the development of Embium’s technology offering and product suite. Furthermore, it will provide the necessary resources to continue to build out a team of highly talented professionals, with significant experience and insight from the financial industry.
Janice Robson, Chief Executive Officer, Embium said “We are thrilled to have such strong support from our investors, who believe in both our technology and the team behind it. Their extensive experience in this industry has been invaluable in providing Embium with the appropriate strategic direction and vision to successfully compete on a global scale.”
Embium is a leading provider of multi-asset (equities, options, futures and FX), broker neutral automated trading solutions for global financial firms. Embium offers a rich product suite that includes an algorithm development environment; real-time simulation and backtesting; in-memory complex event processing; real-time risk management; and a secure co-located trading infrastructure. Embium is headquartered in Waterloo, Ontario, Canada with offices in Toronto and New York.