Symphony Technology Group completed the investment in Alveo.

Symphony Technology Group, an American private equity firm based in Menlo Park, completed the investment in Alveo, a cloud-based data management, analytics, and Data-as-a-Service provider. Financial terms were not disclosed. "Alveo’s employees, customers and partners, have helped build a leading solution for the financial services sector. We are excited to partner with STG to continue enhancing our customer value proposition and expanding the range of products and services we can offer. STG’s experience in investing in software, data and analytics companies and their capital markets domain experience makes them a great partner to accelerate our progress and the development of Alveo in a highly dynamic and regulated market," Mark Hepsworth, Alveo CEO.