Content area
Abstract
Cloud-based brokerage platform and supporting data, trading and analytics application hosting environment provider Tradier has raised $3 million in new funding from Devonshire Investors -- the private investment arm of Fidelity Investments' owners, the Johnson family -- and its founders, to support plans to broaden the platform and increase its takeup among third-party application developers. Tradier, launched last summer by CEO Dan Raju -- former CIO of online broker TradeKing and head of global technology infrastructure and operations at the Associated Press -- provides a cloud-based "broker-in-a-box" platform for retail brokers seeking infrastructure and supporting applications. Furthermore, the vendor will soon roll out an app store-like model that makes it easy for third parties to launch and monetize their applications via Tradier's platform.