Databento Secures $100 Million In Series C Funding To Expand Global Infrastructure

Databento, a market data infrastructure provider serving financial institutions and AI companies, has raised $100 million in Series C funding at a $1.1 billion valuation. The round was led by existing investor Fifth Down Capital, with strategic investment from Fitch Ventures and participation from NEA, DRW Venture Capital, Tribe Capital, Redpoint Ventures, Hedosophia, Trousdale Ventures, Cross Creek, Operator Collective, AVG, and TGVP. The company said its revenue has more than doubled since its Series B earlier this year and plans to use the funding to accelerate global infrastructure expansion and build the world's largest commercially available historical market data archive.

FOUNDERS: Christina Qi & Luca Lin

INVESTORS: Fifth Down Capital, Fitch Ventures, NEA, DRW Venture Capital, Tribe Capital, Redpoint Ventures, Hedosophia, Trousdale Ventures, Cross Creek, Operator Collective, AVG, TGVP

ROUND: Series C AMOUNT: $100,000,000 VALUATION: $1,100,000,000

HQ: Salt Lake City, Utah

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