Friday, February 26, 2016

Finagraph Finds Funding From Moody's

Mercer Island-based software developer Finagraph has received ian investment from Moody's Corporation, Moody's said yesterday, in a deal which Moody's said will help broaden its offering in the credit risk area. Finagraph develops financial data collection, business dashboarding, and analytics tools used to evaluate the credit risk of small and medium sized business. Size of the investment was not announced, although Moody's said the investment is a minority investment, and that it will gain a seat on Finagraph's board. Moody's is a major provider of credit ratings, research, tools and analysis to the financial markets. More information »