Trading software and brokerage services provider NinjaTrader LLC received a majority growth investment led by Long Ridge Equity Partners LLC, with participation from DRW Ventures.
Financial terms of the investment were undisclosed.
Jim Brown and Jason Melton from Long Ridge will join NinjaTrader's board of directors.
The investment will boost NinjaTrader's growth toward its objective of providing institutional grade tools for retail traders globally.
Marlin & Associates served as financial adviser and Jones & Keller PC served as legal counsel to NinjaTrader. Choate Hall & Stewart LLP served as legal counsel and Katten Muchin Rosenman LLP served as regulatory counsel to Long Ridge.