3forge has announced 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 described as a high-performance platform developers use to create enterprise applications.
Its technology seeks to enable 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.”
The funds will be used to accelerate 3forge’s global “go-to-market strategy and expand its development community.”
As noted in the update, 3forge is the full-stack, high-impact code platform “with 100% flexibility and scalability even for the most complex data sets.”
Trusted by half of all tier-one banks and many buy-side firms, 3forge specializes “in real-time data integration, virtualization, and visualization to deliver unmatched performance, scalability, and security.”
They offer a powerful suite of tools including an in-memory database, event processor, and a robust data virtualization layer, “all designed to facilitate the creation of custom applications with minimal coding.”
As noted by its management, 3forge says its mission is to empower developers with a hybrid application development platform and “support users with performance, scalability and flexibility.”
From the start, they set out to make software that does “exactly what people expect: to provide unfailing support in tackling even the most complex issues.”
At 3forge, they claim to “perfecting the balance of powerful, fast and accessible – helping companies thrive by quickly turning opportunity into action.”
