SecondMarket to be Honored at Davos (SIVB)

SecondMarket, the largest secondary market for illiquid assets, announced today that it has been selected by the World Economic Forum as a 2011 Technology Pioneer. This award is presented annually to the most innovative technology start-ups from around the world, and SecondMarket is the only technology company in the financial services sector this year to receive the prestigious honor. SecondMarket will be recognized at the Forum’s conferences in Davos, Switzerland and Tianjin, China.

“It is a tremendous honor to be selected for this amazing award,” said SecondMarket Founder and CEO, Barry Silbert. “It truly is a testament to the hard work and dedication of the SecondMarket team, and to be recognized by the preeminent global economic organization is incredibly gratifying and humbling.”

SecondMarket’s investors include FirstMark Capital, New Enterprise Associates (NEA), SVB Financial Group (NASDAQ: SIVB), the Li Ka-Shing Foundation and Dunearn, a subsidiary of (Singapore) Temasek Holdings.

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