Global Atlantic returned for another bite at the capital markets software provider, in a series C round which will help it scale its product.

US-based capital markets software developer Beacon platform has completed a $56m series C round that included insurance provider Global Atlantic Financial Group.

Private equity firm Warburg Pincus led the round, which also featured Centana Growth Partners and investment manager Pimco.

Beacon’s cloud-based platform helps professionals in the banking, insurance, commodities trading and asset management companies industries develop applications for their businesses.

The capital will be used to grow Beacon’s engineering, sales and customer-facing teams and to scale its platform. It…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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