Ipreo and Barclays-backed financial communication technology developer OpenExchange raised $23m while Blue Cross Blue Shield, Optum and Marshfield Clinic are set to exit Contessa Health.

Funding

OpenExchange, a US-headquartered financial communication technology developer backed by financial services firm Barclays and financial market intelligence provider Ipreo, secured $23m in series D funding yesterday. Growth equity fund Kingfisher Investment Advisors led the round, which included venture capital fund Stonebridge Ventures and which took the company’s total funding to about $45m according to press releases and securities filings. Ipreo led a $6m series B round for OpenExchange in 2013 that included existing investor Barclays, and its November 2019…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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