SIG Asia took part in the $11.7m second tranche of the compliance software developer's series A round, taking it to $19.2m.

Singapore-based regulatory compliance software developer Tookitaki has added $11.7m from investors including quantitative trading firm Susquehanna International Group (SIG) to a series A round now sized at $19.2m, VentureBeat has reported.

SIG, which invested through its SIG Asia vehicle, joined venture capital fund Viola Fintech, which led the extension, as well as securities brokerage Nomura Holdings.

The $7.5m first tranche was led by VC firm Illuminate Ventures in March this year and backed by government agency Enterprise Singapore, Jungle Ventures,…