Morgan Stanley Alternative Investment Partners (AIP), the bank's venture capital and private equity division, was joined by unnamed other investors in backing ClickFox, a US-based software company analyzing banking customers.
Investment bank Morgan Stanley has led a consortium investing $18m in ClickFox, a US-based software company analyzing banking customers.
Morgan Stanley Alternative Investment Partners (AIP), the bank’s venture capital and private equity division, was joined by unnamed other investors.
Jamey Sperans, managing director of Morgan Stanley AIP, said: "We recognize the enormous potential and value of data in today’s enterprise.
"But too often this data is ‘trapped’ inside separate functional areas and difficult to understand in any holistic way. Clickfox…
