Calastone ranked in the Tech Tour Growth 50 for third year running
NEWS | 15 February 2017
Calastone, the global funds transaction network, today announced that it has been ranked in the 2017 Tech Tour Growth 50.
Tech Tour, a platform that facilitates high-tech growth companies to develop strategic relations with investors, together with Silverpeak Investment Bank and in conjunction with a selection committee of international investors, researched and evaluated over 275 European private tech companies at a sub-one billion US dollar valuation.
The selection committee was composed of 18 international venture capital firms, advisers and experts who judged the companies based on their achievement, impact and momentum.
William Stevens, Managing Director, Tech Tour, commented “The billion dollar “unicorn” successes that grab our attention are just the tip of the iceberg. The Tech Tour Growth 50 puts the next layer of Europe’s high-tech, high-growth businesses in the limelight. These are Europe’s future potential unicorns – the companies with the most promise to have a global impact. The Tech Tour Growth 50 Companies have created over 9, 000 high-tech jobs, raised over $3.7 billion of investment from 309 investors and have an estimated average valuation of $338 million. This is a clear demonstration of Europe’s strength and competitiveness in scaling-up tech businesses.”
Julien Hammerson, Chief Executive Officer, Calastone, commented ‘We are delighted, once again, to feature in the Tech Tour Growth 50. Calastone continues to drive automation and innovation throughout the global funds industry.’