May 18, 2012 | last updated June 1, 2012 2:39 pm

CT's Horizon Tech lends $1.5M to Mass. software firm

Horizon Technology Finance Corp. in Farmington made a $1.5 million venture loan to StreamBase Systems Inc. to fund the Lexington, Mass., software firm's growth and expansion.

Horizon President Gerald A. Michaud and StreamBase CEO Mark Palmer said Friday the funds will enable the nine-year-old company to invest more into its new real-time analytics platform, StreamBase LiveView, used by some Wall Street financial analysts and hedge-fund operators.

In April, Horizon easily raised $33 million for a fresh round of acquisitions and financings of technology companies and ventures.


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