Financial technology company Capitolis today announced additional strategic investments from leading global banks and venture capital firms.

New bank investors Barclays and BNP Paribas join J.P. Morgan, an existing Capitolis investor, as well as Citi, Morgan Stanley, State Street, and UBS – all of which previously invested in this round.

As part of this, venture capital firms Canapi Ventures, 9Yards Capital, and Greenfield Partners—investors in Capitolis’ Series D in 2022—have also increased their investments in the company.

These new investments mark the close of this round of funding, bringing the total raised to $56 million.

Capitolis continues to experience strong business momentum and expansion, and the company will use these additional funds to accelerate that growth within each of its Capital Marketplace and Portfolio Optimization businesses. Viewed as a strategic partner to the financial industry, Capitolis works side by side with the world’s leading banks and financial institutions to help solve their core optimization needs.

“We are thrilled for the continued support from strategic global banks, and we are excited to welcome Barclays and BNP on board and have J.P. Morgan reaffirm their commitment to Capitolis. It is also exciting to see a strong vote of confidence from our VC investors who participated in our Series D round and are strengthening their support even further,” said Gil Mandelzis, CEO and Founder, Capitolis. “These investments will help us further accelerate our growth and expansion in the capital markets as we continue our strong business momentum.”

“We’re pleased to support the ongoing development of innovative products by Capitolis, and this investment further cements the collaboration between our firms,” said Kester Keating, Head of US Principal Investments at Barclays.

“We’re excited to support the growth of Capitolis and collaborate with its strong leadership team in developing innovative solutions that enable us to better serve our clients,” said Junaid Baig, Head of Strategic Investments, BNP Paribas.

“Capitolis continues to demonstrate innovation within financial markets and we are pleased to support them,” said Matthew Franklin-Lyons, Global Head of Rates Trading, J.P. Morgan.

“Capitolis is a great company, becoming greater with exciting products and strong leadership,” said Gene Ludwig, Managing Partner, Canapi. “On behalf of my partners at Canapi, we are pleased to be a financial supporter of this exceptional company and management team.”

“Capitolis is an N-of-1 company building critical infrastructure for the capital markets industry,” said Theo Osborne, Managing Partner, 9Yards Capital. “We are very excited to continue backing Gil and the team’s vision to bring great efficiency to the backbone of our global economies.”

“Capitolis continues to deliver solutions that make capital markets safer and more efficient,” said Shay Grinfeld, Managing Partner, Greenfield Partners. “We are thrilled to see what Gil and team have been able to accomplish to date and look forward to continuing to support Capitolis on its journey.”