Correlix
Latest round
- Series B
Last raised
- Sep 2008
Total raised
- $8M
Investors
- 4
About Correlix
Correlix provides advanced data delivery solutions tailored for financial trading systems. The company was founded in New York, US, and has undergone strategic pivots to enhance its service offerings. It was acquired by TS Associates in July 2012 for an undisclosed amount.Correlix specializes in providing advanced data delivery solutions, primarily designed to optimize the performance of financial trading systems. The company's flagship products include high-speed data analytics platforms that enable clients to monitor and analyze market data in real-time, ensuring rapid decision-making capabilities essential for traders and financial institutions. These solutions aim to address critical pain points such as latency issues and data overload, offering businesses in the financial sector tools to enhance their trading strategies and improve overall efficiency. Correlix serves a diverse client base that includes hedge funds, investment banks, and brokerage firms, primarily operating in major financial markets such as North America, Europe, and Asia.Correlix generates revenue through a subscription-based model, allowing clients to access its suite of data delivery services. This transaction structure typically involves annual or monthly subscription fees, which provide clients with continuous access to the company's platforms and updates. Additionally, partnerships with financial institutions may offer bundled services, enhancing the value proposition for clients who require comprehensive data management solutions. The pricing plans are structured to accommodate various needs, ranging from small firms to large enterprises, reflecting the scale and complexity of the services offered.Correlix is focused on expanding its product line and entering new geographic markets. The company plans to launch new data analytics products by the end of 2013, aimed at further enhancing their service offerings. The acquisition of its assets by TS Associates in July 2012 is anticipated to bolster its capabilities and strengthen its position in the data delivery market.
Who invested in Correlix
4 investors across 1 round
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Funding rounds
Series B
Sep 2, 2008
Amount
$8M
Investors
Questions about Correlix
Who invested in Correlix?
Correlix has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Correlix raised?
Correlix has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Correlix last raise money?
Correlix's most recent round on record is a Series B, in Sep 2008.
What does Correlix do?
Correlix provides advanced data delivery solutions tailored for financial trading systems.
Where is Correlix headquartered?
Correlix is headquartered in New York, US.
Which VCs invest in companies like Correlix?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Correlix's stage. Their profiles are linked below.
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