Empyrean Solutions Raises $74M Growth Financing
Empyrean Solutions Raises $74M Growth Financing Empyrean Solutions, a Woburn, Mass.-based provider of asset and liability management and risk and compliance solutions for banks and credit unions, raised $74m in minority growth financing. The round was led by Spectrum Equity, with participation from Information Venture Partners. In conjunction with Spectrum Equity’s investment, Adam Margolin and Lauren Shimbo from Spectrum Equity will join Empyrean’s board of directors. The company intends to use the funds to accelerate investments in product innovation. Led by Chris Maclin, CEO, a...
Source: finsmes.com
