Riskalyze, a Sacramento-based risk analysis technology firm, announced a $20 million influx from FTV Capital. It was Riskalyze’s first round of outside funding, and CEO Aaron Klein explains what the firm's going to do with it's new influx of funding.
The deal also brings FTV Capital Managing Partner Brad Bernstein onto Riskalyze’s board of directors. Many of Riskalyze’s clients are independent Registered Investment Advisors, a group that tends to get nervous when outside financial services firms become involved with the products they use. Looking to learn a little more about the deal, WealthManagement.com got Klein on the phone to ask more about the funding.
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