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We're excited to announce Databento's $97 million Series B, led by @NEA, with participation from DRW Venture Capital, @Redpoint Ventures, @Tribecap, and more.
In the last few years, Databento has become the market data provider of choice for many of the world's largest hedge funds, fintechs, and AI labs. If you've ever traded a stock in a mobile app or filled your tank at a gas station, you've almost certainly relied on a product powered by Databento.
Market data is a $50B+ industry that underpins nearly every financial decision on the planet. Programmatic access is becoming the industry default — we believe that three years from now, more finance professionals will know how to use a Databento API than a traditional terminal.
This round takes us one step closer, as we increase our storage footprint to over 100 petabytes and expand across asset classes and geographies.
To our customers and community: Thank you for your enormous support over these past three years! We built this for you, and we can't wait to show you what's next.
In the last few years, Databento has become the market data provider of choice for many of the world's largest hedge funds, fintechs, and AI labs. If you've ever traded a stock in a mobile app or filled your tank at a gas station, you've almost certainly relied on a product powered by Databento.
Market data is a $50B+ industry that underpins nearly every financial decision on the planet. Programmatic access is becoming the industry default — we believe that three years from now, more finance professionals will know how to use a Databento API than a traditional terminal.
This round takes us one step closer, as we increase our storage footprint to over 100 petabytes and expand across asset classes and geographies.
To our customers and community: Thank you for your enormous support over these past three years! We built this for you, and we can't wait to show you what's next.
