Elsen has raised $400K to speed up financial computing at hedge funds
BostInno - 01/14/2015
Boston startup Elsen is looking to accelerate the speed of computer processing at hedge funds and other financial institutions—and now has some funding of its own. The company, founded in 2013 by threeNortheastern University grads, on Wednesday planned to announce that it’s raised $400,000 from local angel investor Bret Siarkowski and Atlas Venture’s Boston Syndicates seed-investing program.
Currently based out of the DCU Center of Excellence in Financial Services on Atlantic Avenue, the eight-person team at Elsen soon plans to move to its own office on School Street in Downtown Crossing.
Elsen’s founders are Zac Sheffer, Ryan Johnson and Justin White, and the company is a graduate of Northeastern’s accelerator program, IDEA.