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November 5, 2012 02:52 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wSYdEWc9QyM/
DFJ Esprit-backed Redkite Financial Markets Acquired By NICE Systems After A Year
A win for DFJ Esprit today, the European partner of Silicon Valley-based venture capital firm Draper Fisher Jurvetson, following the news of a successful acquisition of its portfolio company Redkite Financial Markets by NASDAQ-traded NICE Systems. DFJ Esprit only invested in Redkite in July 2011. Redkite has a real-time software solution for financial market surveillance. DFJ put in $1.14 million into the company but the terms of the sale have not been disclosed. Redkite equips financial institutions with tools to monitor, analyse and act on trading conditions in real-time. This helps detect suspicious transactions and trading behaviour and ultimately identify rogue trading. As you can imagine, it's the kind of thing that has been pretty hot of late.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wSYdEWc9QyM/
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