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Following its busiest month in terms of API calls for its data, Xignite has announced the close of a Series C $20.5 million funding round. The deal was led by Japanese financial information provider, QUICK Corporation, a unit of the Nikkei Group. Also participating in the round were StarVest Partners, Altos Ventures, and Startup Capital Ventures, with Xignite’s total funding raised reaching $37 million.
According to Xignite, the funding will be used to help it scale its sales and marketing as well as expand its product offering. As part of the investment, Atsuyuki Nakajima, QUICK Corporation Managing Director, ... (read more)