Fenergo Nabs $75 Million Investment from Insight Venture Partners

Vendor plans to use money to open new offices and increase R&D team.

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Marc Murphy, founder and CEO of Fenergo, discusses the plans for the latest investment into his firm.

Marc Murphy, the CEO and founder of Fenergo, tells Sell-Side Technology two of the main areas the investment will be used for are opening new offices and making new hires. Fenergo, which is headquarted in Dublin and has offices in London, New York, Boston, Sydney and Wroclaw, Poland, plans to open offices in the Middle East, Singapore, Tokyo, Toronto and Stockholm.

The firm will also look to make approximately 100 new hires, according to Murphy, the majority of which will be for the research and

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