Thursday, December 18, 2014

FolioMetrix Lands $5M

Portland-based FolioMetrix, a developer of mutual fund asset management software, has raised $5M in a funding round, the company said Wednesday. The funding came from Grail Partners. FolioMetrix was co-founded by Greg Rutherford and Jerry Murphey. The company said it develops tactical asset management products products for the mutual fund industry, aimed at portfolio managers, financial advisors, and other institutions. More information »