Former DX execs invest in DealVector 02 October 2013New York Reporter: Mark Dugdale
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Former Data Explorers CEO Donal Smith and founder Mark Faulkner have invested in DealVector.
The Credit Benchmark co-founders, who sold Data Explorers to Markit in April 2012, took stakes in the company, which matches qualified counterparties trading collateralised debt and loan obligations, derivatives and hedge funds, for undisclosed sums.
DealVector revealed on 23 September that it exceeded its fundraising goal of between $500,000 and $750,000, surpassing the $1 million mark.
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