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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.
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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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