"By harnessing the cloud and AI, our technology enables our clients to be more cost effective and offer new and innovative products at scale. This new investment will allow us to accelerate our growth and continue to attract top talent so that we can meet the demand we are seeing from asset managers and service providers who realize their legacy technology, simply put, costs too much and can't do what they need it to do."

https://www.prnewswire.com/news-releases/investment-management-platform-fundguard-closes-40-million-series-b-funding-301527667.html