The data engineering software provider has received capital in a round that included returning investor Nex Euclid Opportunities.

UK-based data engineering software developer Duco secured $28m in funding on Monday in a round featuring Nex Euclid Opportunities, the strategic investment arm of financial trading technology provider Nex Group.

Eight Roads Ventures, a branch of financial services group Fidelity International, also took part in the round, alongside venture capital firm Insight Venture Partners and Cristóbal Conde, the former chief executive of financial software producer SunGard.

Founded in 2010, Duco has created a cloud-based platform for conducting data engineering tasks…

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