Data and Analytics

3forge Secures Investment From Morgan Stanley

By FMinsights||Est. Reading Time: < 1 minute|

New York, Sept. 04, 2024 — 3forge, the leader in innovative High Impact™ code solutions for business-critical applications, announced today that it has closed on an investment by Morgan Stanley. This is the first time 3forge has raised external capital since launching in 2011.

3Forge is a high-performance platform used by developers to build enterprise applications. Its technology has enabled the rapid development and deployment of front-end applications with a focus on real-time data integration, virtualization, processing and visualization.

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.

Robert Cooke, Founder of 3forge, added:  “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.”

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