Goldman Sachs invests in Perseus

Perseus, a managed services provider of high-speed connectivity, has secured $20.5 million in funding from Goldman Sachs. According to Perseus, the capital will be used to expand the company’s global managed services network.

PRESS RELEASE

New York, NY – April 21, 2015 – Perseus, a leading managed services provider of high-speed connectivity, today announced a $20.5 million investment by Goldman Sachs for a minority stake in its rapidly growing global technology business. The capital will allow Perseus to accelerate expansion of its global managed services network.

Perseus has been at the forefront of low-latency trading and market connectivity since its formation in 2009. In the past year, Perseus released LiquidPath® into the US financial market, and EdgePath™, a fully-managed service that deploys infrastructure for the technology, media, telecoms and iGaming industries.

“We see a great opportunity in the financial sector in general, and Perseus in particular,” said Terry Doherty at Goldman Sachs. “Not only is their business performance exceptional, but they have the potential to dramatically shift the way that the global markets engage by introducing faster and more secure managed services to the industry.”

“The investment by Goldman Sachs is an important accelerator of our business. It enables us to maintain our leadership position in product and service innovation, while more rapidly expanding our global network. This ensures that we continue to meet and exceed our customers’ performance objectives around the world,” said Dr. Jock Percy, CEO of Perseus.

Perseus now provides managed services and connectivity to more than 300 exchanges and markets in 18 countries across the globe.

ABOUT PERSEUS
Perseus is the world’s leading provider of managed services for high-precision, high-speed connectivity. With clients spanning the Financial, TMT and iGaming sectors, Perseus offers a fully-managed suite of services across the trade lifecycle as well as many of the world’s fastest market-to-market routes. Wall Street and Fortune 500 companies choose Perseus to provide managed infrastructure services, custom-designed global networks, high precision time, colocation and turn-key trading solutions with industry-leading, 24×7 support. Serving 70+ markets in 18 countries on five continents, Perseus offers proximity hosting for over 300 exchanges globally.