Call Levels Receives Investment from Riady Family’s Lippo Group Fund
- After closing a seed round in November, Call Levels has announced a further capital injection from Indonesian Lippo Group.
After raising seed funding in a round led by 500 Startups in November 2015, mobile market data notification firm Call Levels has announced a new investor. Injecting funds is the Lippo Group, which is headed by the Riady family of Indonesia, ranked #8 in Forbes Indonesia's Richest list.
The new investment occurs as the firm has experienced strong growth for their service due in part to increasing Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in equities during 2016. According to Call Levels, it has registered 400% user growth in the past three months, has 11 new alerts set every minute across its customer base and it supports 10,000 trading products.
As part of its growth strategy, Call Levels is targeting both private investors as well as companies that would be able to integrate its technology. Commenting on the investment, Call Levels co-founders Daniel Chia and Cynthia Siantar stated: “We empower not only financial institutions, professionals, traders investing heavily in technology but also everyday participants to give everyone that edge.”
While terms haven't been disclosed, the deal appears to be another case of a startup raising funds earlier rather than later to brace for an expected decline in venture funding this year. Last week, WorldRemit closed a $45 million Funding Round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term even as it disclosed that it still had ample cash from a previous investment.
After raising seed funding in a round led by 500 Startups in November 2015, mobile market data notification firm Call Levels has announced a new investor. Injecting funds is the Lippo Group, which is headed by the Riady family of Indonesia, ranked #8 in Forbes Indonesia's Richest list.
The new investment occurs as the firm has experienced strong growth for their service due in part to increasing Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in equities during 2016. According to Call Levels, it has registered 400% user growth in the past three months, has 11 new alerts set every minute across its customer base and it supports 10,000 trading products.
As part of its growth strategy, Call Levels is targeting both private investors as well as companies that would be able to integrate its technology. Commenting on the investment, Call Levels co-founders Daniel Chia and Cynthia Siantar stated: “We empower not only financial institutions, professionals, traders investing heavily in technology but also everyday participants to give everyone that edge.”
While terms haven't been disclosed, the deal appears to be another case of a startup raising funds earlier rather than later to brace for an expected decline in venture funding this year. Last week, WorldRemit closed a $45 million Funding Round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term even as it disclosed that it still had ample cash from a previous investment.