UBS joins $16 million round in private market data and matchmaking service Caplight

UBS has thrown its support behind Caplight, a startup providing essential pricing data and matchmaking services for private company shares, by investing $16 million in its latest funding round. This move underscores the growing importance of private market data as more companies seek to go public or explore alternative funding avenues. With UBS's backing, Caplight is likely to expand its reach and enhance its technological capabilities, potentially reshaping how private companies access capital and investors evaluate their worth.