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Beacon Platform Secures Series A

The New York City based cloud infrastructure platform for financial institutions announced its Series A close, led by PIMCO. Specifics of the funding round were not disclosed.

“The Series A funding round represents an important milestone in Beacon’s vision of building the first operating system for finance: an ecosystem where quantitative developers, engineers, data scientists, and front-office users can collaborate and innovate within their own controlled, secure, cloud-based platform environment,” said Mark Higgins, Chief Operating Officer of Beacon Platform, Inc.

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financings, capital markets