Delta Data Software reports $12.68 million growth equity investment led by Accel-KKR


XDATA – September 23rd 2014

delta data Delta Data Software raised $12.68 million as part of a fully subscribed non-brokered equity offering. The subscription, which started a little over a week ago, lured five investors. No offering was previously initiated by the company under a registration exemption with the SEC.
The company did not disclosed the size of the growth equity investment from Accel-KKR when it issued its press release on September 18th.

Delta Data Software markets and develops software to the financial industry for mutual fund trading, data management, revenue/expense management, compliance, and analysis. Among the company’s flagship products are FUNDLinx a fund trading and clearing platform with over $1.3 trillion in assets serviced across the client platforms, DART a mutual fund distribution oversight and transaction monitoring application, APERIOsuite a data management application that supports a distributor’s reference, price and dividend data flow and operations, and Fee Manager a mutual fund distribution fee reconciliation for financial product manufacturers. The company is backed by Accel-KKR.

The company is headquartered in Columbus GA. Delta Data Software elected to keep its revenues undisclosed.
The executive team includes Tyson Begley.
The board of directors includes Burton Keller, David Cusimano, Greg Williams, Lewis Burton Keller and Whitfield Athey.

Offering recap
Status: Completed
Company: Delta Data Software
Industry: Other Technology
Amount offered: $12.68 million
Amount placed: $12.68 million
First sale: 09-15-2014
Data as of: 09-22-2014


For more information visit www.XDATA.co

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