Chief executive says message system now has 200,000 users as it targets Bloomberg
Symphony, the messaging platform trying to topple Bloomberg as Wall Street’s social network of choice, has raised a fresh round of funding that puts it in the elite club of “unicorns” worth more than $1bn.
Since launching its tools about 18 months ago the Palo Alto-based company has positioned itself as a cheaper, more convenient alternative to the bulky terminals that sit on trading desks around the world. According to David Gurle, the company’s founder and chief executive, Symphony has built a network of about 200,000 users across 170 companies, most of them on the sellside.
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