NorthStar Systems International is a San Francisco, Calif. company that makes wealth management software for the financial services industry.
The $18 million financing wasn’t broken down by investor, but members of three firms did join the company’s board: Ropart Asset Management, TL Ventures and Trinad Capital.
The funding is its fourth. The last round, $11.5 million in 2004, was co-led by Benchmark Capital and HIG Ventures. The company’s other listed venture backer is Chess Ventures, and there are also several large institutional lenders.
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