Cloud9 Technologies, a cloud-based platform that allows traders to work anywhere without the need for a physical trading turret, closed a $17.5 million investment led by UBS that included involvement from previous investors JPMorgan and Barclays.Cloud9 Technologies announced a $17.5 million investment led by UBS with involvement from previous investors JPMorgan and Barclays. to work remotely during the coronavirus pandemic.
Cloud9 Technologies, a cloud-based platform that allows traders to work anywhere without the need for a physical trading turret, closed a $17.5 million investment led by UBS that included involvement from previous investors JPMorgan and Barclays. "I think that was the key pivot moment for us, where we thought this is not only certainly mature enough as a technology, but also instrumental to our own innovation," said Fulmer, who is joining Cloud9's board as part of the investment. "We want to have a seat at the table. We want to be able to help direct the product development."
From tracking who initiated the call down to seeing the direction the conversation is going based on who is talking more, Fulmer said he sees lots of opportunities with the tech.
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