Kiodex secures second round of financing
Kiodex, a New York-based provider of Web-based energy risk management solutions, has secured an additional $10 million in financing from Warburg Pincus, the global private equity firm. The firm originally invested $15 million in April 2001. It plans to use the investment to improve its flagship software application, the Kiodex Risk Workbench, which combines pricing tools, market data, financial reports and deal capture for corporate risk managers who want to manage energy price volatility.
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