Eventus Systems, an Austin-based trade surveillance provider for major digital asset exchanges, announced it has closed on a $30 million round of funding.
Centana Growth Partners led the Series B funding which included
participation from DRW VC, CMT Digital, Jump Capital, LiveOak Venture Partners
and several new strategic investors.
The company plans to use the funding to hire sales, product and
engineering staff and on product development of its flagship Validus platform.
As part of the deal, Centana Partner Ben Cukier has joined the
Eventus board of directors.
“Following our investment round early last year, we continued to
show strong topline revenue growth, nearly quadrupling our staff across every
facet of our business, building our presence in Europe and Asia-Pacific,
attracting a wide range of new clients and adding hundreds of new features and
enhancements to our Validus platform,” Eventus CEO Travis Schwab said in a news
release. “With a strong foothold in all of the major asset classes, we became
the leading trade surveillance solution for the major digital asset exchanges
globally and expanded our reach into the fixed income and foreign exchange
markets.”
“This new investment positions us to achieve our ambitious plans
for further growth and penetration into new markets, as well as our
never-ending quest for delivering market-leading solutions and support across
the capital markets ecosystem,” Schwab said.
Eventus’ customers include Tier 1 banks, brokerages and futures
commission merchants, proprietary trading firms, exchanges, corporates and
buy-side firms.
“The past year has
demonstrated the increased need for automating and strengthening regulatory
compliance,” Matt Alfieri, Principal at Centana Growth Partners, said in a news
release. “We’ve been incredibly impressed by the deeply experienced team and
efficient, scalable and powerful trade surveillance and market risk system that
Eventus has built. Its clients are truly passionate about the platform
and quality of service. As the focus of trade surveillance widens to other
asset classes like crypto, Eventus is poised not only to set the standard for
compliance and transparency but to further accelerate its growth trajectory.”
To date, Eventus has raised $48.5 million. That includes $10.5 million in Series A funding closed in February of 2020, led by Jump Capital and LiveOak Venture Partners.
Eventus has earned 15 global awards and honors since late 2018
for its technology, innovation and client service, including the Risk
Technology Award for Trade Surveillance Product of the Year.
