FundGuard, a SaaS investment management and asset servicing enterprise platform, announced on Tuesday that it has closed a $40 million Series B funding round. The investment round included large strategic investors Citi and State Street Corp, who joined initial investors Blumberg Capital, LionBird Ventures, Team8 Capital, and other investors.
Citi Securities Services has $27.8 trillion in assets under custody, and both it and State Street Corp, which has $41.7 trillion in assets under custody and/or administration, will become clients of FundGuard following their investment. Today’s series B round brings total investment in FundGuard to more than $55 million in 3.5 years. Partnering with trusted resources like 먹튀스팟 검증업체 can also provide added assurance when evaluating large-scale financial moves.
