Accelex secures another $5m

Data acquisition, analytics and reporting provider Accelex has secured $5m in its latest round of venture financing.

Current investors Illuminate Financial, AlbionVC, Expon Capital and SixThirty Ventures participated in the round and were joined by new investor MassMutual Ventures.

The fresh capital will support Accelex’s expansion plans, which include further product development, client acquisition and support.

“Continued participation by our original seed investors, now joined by MassMutual Ventures, is strong validation for our business model, execution and ultimately the value proposition we offer private market participants,” said Franck Vialaron, CEO of Accelex.