Market data platform startup Databento closes $97M round after drawing $300M in investor demand

Databento, a market data platform startup, has secured $97 million in a funding round that attracted over $300 million in investor interest, reflecting a three-fold demand. This influx will enable the company to expand its data offerings across various asset classes and enter new international markets. The significant investor appetite underscores the growing demand for comprehensive and real-time market data, crucial for traders and financial institutions. This funding round highlights Databento's potential to shape the future of financial market data services.