Broadway Technology - About the company
Broadway Technology is an acquired company based in New York City (United States), founded in 2003. It operates as a Trading solutions for global banks and hedge funds. Broadway Technology has raised $42M in funding from Long Ridge. The company has 19 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like AI Growth, AxeTrading and CapConnect+.
Company Details
Broadway Technology is a provider of high-performance financial trading solutions for electronic fixed-income markets. It offers open, flexible, complete solutions for screen and automated trading operations of any size and complexity. It has delivered advanced trading solutions to premier global banks, proprietary trading groups, and hedge funds. Its software manages hundreds of billions of dollars in transactions daily worldwide.
- Website
- broadwaytechnology.com
- Email ID
- *****@broadwaytechnology.com
- Registered Address
- New York, New York
Key Metrics
Founded Year
2003
Location
New York City, United States
Stage
Acquired
Total Funding
$42M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 19 active competitors
Employee Count
49 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Bloomberg (Mar 13, 2023)
Legal entities associated with Broadway Technology
Broadway Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BROADWAY TECHNOLOGY, LLC CIN: 134266878 , United States, Active | - | 70 (As on Dec 31, 2022) | - |
Broadway Technology's acquisition details
Broadway Technology got acquired by Bloomberg on Mar 13, 2023.
Click here to take a look at Broadway Technology's acquisition in detail
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Broadway Technology's funding and investors
Broadway Technology has raised a total funding of $42M over 2 rounds. Its first funding round was on Dec 13, 2011. Its latest funding round was a PE round on May 09, 2017 for $*****. 1 investor participated in its latest round. Broadway Technology has 3 institutional investors.
Here is the list of recent funding rounds of Broadway Technology:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2017 | 6788887 | PE | 1333208 | 7528658 | 3948858 | 5023026 |
Dec 13, 2011 | 7067967 | PE | 7944809 | 1867170 | 3124265 |
View details of Broadway Technology's funding rounds and investors
Broadway Technology's founders and board of directors
Founder? Claim ProfileBroadway Technology's employee count trend
Broadway Technology has 49 employees as of Aug 26. Here is Broadway Technology's employee count trend over the years:
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Broadway Technology's Competitors and alternates
Top competitors of Broadway Technology include AI Growth, AxeTrading and CapConnect+. Here is the list of Top 10 competitors of Broadway Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of fixed-income investment platforms for consumer participation | $20.1M | 59/100 | ||
2nd | AxeTrading 2009, London (United Kingdom), Acquired | Fixed income electronic trading solutions | $12.5M | 54/100 | |
3rd | CapConnect+ 2019, Canada, Series A | Software for fixed-income markets | $8.91M | 51/100 | |
4th | Broadway Technology 2003, New York City (United States), Acquired | Trading solutions for global banks and hedge funds | $42M | 50/100 | |
5th | Moment 2022, New York City (United States), Series A | Fixed income API for fintech to deploy investing tools | $20M | 46/100 | |
6th | BondWave 2001, Wheaton (United States), Unfunded | Trading tools for fixed income brokers | - | - | 43/100 |
7th | 280 CapMarkets 2016, San Francisco (United States), Series A | Provider of fixed income securities, market-linked products, and related technology | $11.4M | - | 42/100 |
8th | Trading software solutions | - | 35/100 | ||
9th | Provider of bond trading apps and products | - | 35/100 | ||
10th | Clear Markets 2012, Charlotte (United States), Series A | Innovators in electronic trading systems for fixed income and credit derivatives | $9M | 31/100 |
Looking for more details on Broadway Technology's competitors? Click here to see the top ones
Broadway Technology's Investments and acquisitions
Broadway Technology has acquired Barracuda FX. Broadway Technology has not made any investments as of now.Reports related to Broadway Technology
Here is the latest report on Broadway Technology's sector:
News related to Broadway Technology
•
Broadway Technology Inc Announces Entering into a Merger Agreement with Quartzsea Acquisition Corporation
Benzinga•Jun 07, 2025•Broadway Technology, Quartz Sea, zjgaokai.com
•
Broadway Technology Inc Announces Entering into a Merger Agreement with Quartzsea Acquisition CorporationForexTV•Jun 07, 2025•Broadway Technology, Quartz Sea
•
Bruce Boytim Named New CEO of Quor Groupctrmcenter.com•Oct 23, 2024•Quor, Quora, Broadway Technology
•
Latch Acquires to Launch Door Property Management DivisionSDM Magazine•Mar 28, 2024•Door, Broadway Technology
•
CMA Review of the Bloomberg Acquisition of Broadway Technology is CompleteWebwire•Sep 09, 2023•Bloomberg, Broadway Technology
•
Cboe selects Broadway Technology as infrastructure provider for new interdealer US treasuries platformThe TRADE•Apr 26, 2023•Chicago Board Options Exchange, Broadway Technology
•
Bloomberg L.P.’s Acquisition of Broadway TechnologyGlobal Legal Chronicle•Apr 13, 2023•Broadway Technology, Bloomberg, Allen & Overy
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Long Ridge Equity Partners promotes Cedar and Melton to partnerPE Hub•Jan 04, 2023•Long Ridge, Acqueon, Ametros, Carson Group and 21 others
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