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    Monday, January 7, 2008

    Tamarac Secures Venture Financing


    Seattle-based Tamarac Inc., a publisher of portfolio-rebalancing and trade-order-generation software, announced Friday that it has received additional venture financing from its initial investors. The amount of capital and the names of the investors were not disclosed. Tamarac said it will use the money to further development and distribution of its Web-based financial applications. Tamarac develops proprietary, Internet-based applications for the financial advisory market. The software automates certain operational functions, such as portfolio monitoring, rebalancing, cash management and directed trading.
    posted on Monday, January 7, 2008 (Link to more information)


    Related companies:
    Tamarac

    Related stories:
    > Tyfone Secures Funds from Indian Investor
    > RadioFrame Secures $28M in Series F Financing
    > Cequint Secures More Financing
    > iovation Secures $15M in Venture Funding
    > iMove Secures $4.25M in Series B Funds

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