Databento secures $100m to expand financial market data services

US financial technology company Databento has raised $100m in Series C funding led by Fifth Down Capital. Its platform provides financial market data to investment firms, banks and trading businesses, helping them access and process information more efficiently. The company has also reported strong revenue growth while maintaining profitability. HPC could identify financial institutions, asset managers, technology suppliers, data infrastructure businesses and institutional investors interested in strategic partnerships.

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