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Integral Development Corp

380 Portage Ave, Palo Alto, CA, 94306, United States

Overview

Integral provides cloud-native SaaS FX workflow solutions for buy-side forex participants, including banks, brokers, asset managers, and hedge funds. Founded in 1993, the company offers a modular platform with workflow automation and liquidity aggregation capabilities. Last year it expanded into crypto through a partnership with Mint Exchange, launching aggregation and connectivity to liquidity providers, desktop and mobile client trading, risk management, and custody solutions. The company raised $30 million in growth financing and will use the proceeds to increase headcount and strengthen its product roadmap. Management says the funding and partner support will help expand market share and roll out new products globally amid rising demand for cloud-native services. Vistara Growth is positioned to provide both financial backing and operational support through its network of professionals and strategic partners. Integral Development provides a software platform that connects global financial institutions for electronic foreign-exchange trading and allows individual investors to make their own trusted trades or broker trades for clients. The company raised $11 million in a round of capital provided in part by Adams Street Partners. The article does not specify the financing instrument or whether other investors participated in the round. Integral Development has previously taken financing from Accel Partners, Hudson Ventures, MMV Financial and Sand Hill Capital. Based in Mountain View, Calif., the company employs about 100 people. It recently hit profitability and is looking to expand its sales and customer-support departments.

Total raised
$41M
Funding rounds
2
Latest round
Equity
Latest activity
Jan 2024

Industries

  • Cloud Computing
  • Enterprise Software
  • Financial Services
  • Real Time
  • SaaS
  • Software
  • Trading Platform
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Recent funding

  1. Equity

    Jan 2024

    $30M

  2. Equity

    Jun 2009

    $11M

Team

  • Harpal Sandhu

    CEO

    LinkedIn
  • Paul Calhoun

    VP engineering

    LinkedIn
  • Richard Farrell

    Global Sales

  • Sanjay Madgavkar

    Chief Strategy Officer, Head of Business Development

    LinkedIn