Strevus receives $5.6 million in funding
Strevus is a startup that has received $5.6 million in funding. Strevus offers compliance management solutions for financial service institutions. This round of funding was provided by lead investor Blumberg Capital and U.S. Venture Partners.
“We are thrilled to have the support of Blumberg Capital and USVP and to receive such a powerful endorsement from the investment community,” stated Ken Hoang, CEO and Co-Founder of Strevus. “As a managed solution, Strevus provides a persistent, secure and auditable communication channel between counterparties and a central repository to manage and track these assets. By using Strevus, our clients can connect to the right people the first time to get accurate information, thereby eliminating duplicate requests for information and improving client relationships while assessing risk and achieving regulatory compliance.”
David Blumberg of Blumberg Capital will be joining the Board of Directors at Strevus.