Hyperplane Venture Capital is leading a $2.4 million investment into Elsen.
"Boston-based Hyperplane Venture Capital, a venture firm specializing in backing machine learning and data companies, is leading a $2.4 million investment into Elsen, a start-up that has built technology allowing financial professionals with or without quantitative expertise to test out and discover new investment strategies.
Jack Klinck, a managing partner at Hyperplane who founded State Street’s Global Exchange data and analytics business, will become chairman of Elsen’s board. Early-stage venture capital firms Accomplice and Launch Capital, as well as angel investors from Silicon Valley and finance, also participated in the investment round."
Read the full article on Institutional Investor.