Capco Gets $15 Million Funding For Reference Data Solutions

Capco, which famously split last year from its Synetix reference data joint venture with Reuters, has secured $15 million of funding. The deal has been done with existing investors, including Thomas Weisel Capital Partners, which is in for $10 million, Capco Foundation, Edgewater Private Equity Fund, GIMV, Hewlett-Packard and LJH Private Capital. Capco says the cash will be used, among other things, to “take our strategy forward in developing our solutions offerings, particularly in the reference data space.”