NEW YORK - RiskMetrics has completed a $21.8 million round of equity financing from seven companies: American Express, Deutsche Bank eVentures, Intel 64 Fund, J.P. Morgan, Procter & Gamble, Reuters, and Sony.

The risk measurement firm, which was spun off from J.P. Morgan in 1998, said it will use the funding to invest in new technologies and develop new products. It also plans to open new offices.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.