Beacon Closes $56 Million Series C Funding Round Led by Warburg Pincus
Financing will enable Beacon to execute on its product roadmap, scale solutions across asset classes and end markets, and advance the company’s leading position in cloud-based enterprise financial software
Published: Oct. 13, 2021 at 7:00 AM CDT|Updated: 25 minutes ago
NEW YORK, Oct. 13, 2021 /PRNewswire/ — Beacon Platform Incorporated, (“Beacon”), a leading cloud-based platform for quant development that enables users to build custom trading and risk management applications, announced today that it closed a $56 million Series C, led by Warburg Pincus, a leading global growth investor. Blackstone Innovations Investments also invested in this round, with support from existing investors, including Centana Growth Partners, Global Atlantic Financial Group and PIMCO.
The investment will bolster Beacon’s continued growth trajectory and commitment to its mission to build the future of…