Summary
Financial services firm Barclays has invested in the Series A round for Beacon Platform.
Beacon is creating a developer platform tailored to the financial services industry.
BCS is increasing its investment pace in technology startups that affect its various business segments to respond to competitive pressures.
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Quick Take
Barclays (BCS) has made an investment in Beacon Platform’s recent Series A funding round.
Beacon Platform is developing an enterprise-level, integrated data and financial analytics platform for financial software systems developers.
BCS has recently been more active as an investor in startups that are developing technologies that it can apply across its various business units.
I hope management continues to keep the investment pace up as it responds to competitive pressures from all corners.
