3FORGE SECURES FUNDING FROM MORGAN STANLEY

KUALA LUMPUR, Sept 4 (Bernama) -- 3forge, leader in innovative High Impact code solutions for business-critical applications, announced it has closed on an investment by Morgan Stanley.

In a statement, 3forge said this is the first time the company has raised external capital since launching in 2011.

“We are thrilled to close on an investment by Morgan Stanley, a longstanding partner who truly understands the value and performance of 3forge technology.

“This is an exciting milestone as we continually expand our capabilities to help enhance client workflows and productivity,” said 3forge Founder, Robert Cooke.

The funds will be used to accelerate 3forge’s global go-to-market strategy and expand its development community.

A high-performance platform used by developers to build enterprise applications, 3forge technology has enabled the rapid development and deployment of front-end applications with a focus on real-time data integration, virtualisation, processing and visualisation.

Since 2014, Tier-1 global banks, hedge funds, asset managers, exchanges, and sovereign wealth funds have deployed 3forge’s platform to power hundreds of client-driven, critical business use cases.

-- BERNAMA