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Moment Raises $36 Million to Automate Fixed Income Investments

Moment has raised $36 million in new funding for its fixed income automation offering. The company’s Series B round, announced Wednesday (July 9), was led by Index Ventures, with participation from Andreessen Horowitz, Lightspeed Venture Partners, Venrock, Neo and Contrary Capital, and brings Moment’s total funding to $56 million. According to a news release, the funds will help Moment advance its collaborations with financial institutions, invest in research and development, and expand its team...

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