Global group of investors back growth of Symphony Community

Symphony Communication Services, LLC, has announced it has raised USD 67 million in new capital, the company said.

New investors Barclays; Bpifrance, the French investment bank; and CLSA, along with a group of existing investors, participated in the round. This brings Symphony´s total capital raise to date to over USD 300 million from the world´s financial services firms, global venture capital funds, and technology companies.

Symphony´s secure team collaboration platform has reached critical mass with over 300 firms and 320,000 users. The raise validates Symphony´s leadership position in financial services and will enable the company to accelerate its product roadmap, expand its core offering for financial institutions and broaden its reach to other regulated and data-sensitive industries.

Symphony transforms the way users communicate effectively and securely with a single workflow application. It was founded in October 2014 and is headquartered in Palo Alto, CA, with offices in New York, Hong Kong, Singapore, Tokyo, Stockholm, Sophia-Antipolis and London.