Energy Trading Software Co. YellowJacket Lands $1.25 Million Funding

Yj

Flatiron-based YellowJacket Software has raised $1.25 million of funding from Greenhill SAVP. YellowJacket sells a software platform for trading on the OTC energy markets, like crude oil, natural gas, power, and weather, and says in a press release that it has attracted more than 130 clients. Previous investors include Contour Venture Partners and the New York City Investment Fund. Five-year-old YellowJacket is led by co-founders Jacob Pechenik (CEO) and Greg Campbell (CTO). Release via Alarm:Clock

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

funding sai-us startups