# Pico

> Pico is a New York financial-markets technology company that bundles low-latency connectivity, colocation, market data, trading software, cloud infrastructure and packet-level analytics. Its bet is that banks, exchanges, market makers, hedge funds and fintechs would rather buy one observable, managed stack than coordinate a tangle of networks, venues, feed handlers and monitoring tools themselves.

- **Founded:** 2009
- **Headquarters:** New York, United States
- **Founders:** Jarrod Yuster (Chairman, Founder & CEO)
- **Team size:** Approximately 735-790 employees based on third-party company datasets; Pico's public leadership page lists 18 offices and 55+ data centers.
- **Products:** PicoNet, Market Services, Corvil Analytics, Redline Trading Software, IntelliVUE
- **Notable:** Expanded from a 2009 startup to 18 offices and a presence in 55+ global data centers., Built PicoNet coverage for 900+ exchange and venue products across three regional meshes., Reported more than 430 clients in 2022, including the top 25 global banks and 39 exchanges.

## Products & services

- **PicoNet** — A proprietary low-latency global network spanning 55+ data centers and connecting clients to 900+ exchange and venue products across the Americas, EMEA and APAC.
- **Market Services** — Managed connectivity, dedicated or shared colocation, raw and historical market data, cloud, device management, security and 24/7 operations.
- **Corvil Analytics** — Packet-level capture, decoding, anomaly detection and trading or enterprise observability with nanosecond timestamps and 600+ decoders; added through the 2019 Corvil acquisition.
- **Redline Trading Software** — InRush ticker plant, RedlineFeed, order-execution gateway, pre-trade risk and historical replay across 230+ global venues; added through the 2022 Redline acquisition.
- **IntelliVUE** — A Corvil-powered interactive view of PicoNet operational state, latency, exchange accessibility, maintenance and service status.
- **Corvil 12000** — A 2U appliance supporting 200Gbps sustained packet capture with real-time analytics and up to 737TB raw storage, or 1.49PB effective storage with compression.

## Achievements

- Expanded from a 2009 startup to 18 offices and a presence in 55+ global data centers.
- Built PicoNet coverage for 900+ exchange and venue products across three regional meshes.
- Reported more than 430 clients in 2022, including the top 25 global banks and 39 exchanges.
- Acquired and integrated Corvil Analytics in 2019 and Redline Trading Solutions in 2022.
- Raised a $135 million Series C in 2020 and secured a $200 million strategic investment in 2022.
- Launched the Corvil 12000 with 200Gbps sustained capture and concurrent analytics in 2025.
- Won industry awards for managed trading services, infrastructure monitoring, analytics and timestamping/latency measurement.

## Latest updates

- **2025-02** — Pico partnered with BMLL to link real-time and historical data for research, liquidity analysis and trading outcomes.
- **2025-04** — Pico launched IntelliVUE, integrating PicoNet status with Corvil-powered real-time latency and performance analytics.
- **2025-05** — Pico disclosed a relationship with Coinbase Derivatives after completing an infrastructure migration without interrupting operations.
- **2025-09** — SIX expanded its use of Corvil Analytics for financial-information monitoring.
- **2025-10** — Pico introduced the Corvil 12000, a 200Gbps continuous-capture and analytics appliance.
- **2026-02** — Pico announced expanded market coverage and a hardware collaboration with AMD.
- **2026-04** — Pico made PicoNet connectivity to the planned Texas Stock Exchange available ahead of launch.
- **2026-06** — Pico and LDA Technologies announced high-fidelity packet capture and integrity validation for trading and AI workflows at up to 400Gbps.
- **2026-07** — Pico and ITRS partnered to combine Geneos and Corvil Analytics for Indian capital-markets observability.

## Links

- Website: https://www.pico.net/
- LinkedIn: https://www.linkedin.com/company/picotrading/
- Twitter/X: https://x.com/pico_trading
- YouTube: https://www.youtube.com/@picotrading

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Profile page: https://yespress.io/pico
Published by YesPress — https://yespress.io
Last updated: 2026-08-22
