Quandl nets $12 mln in Nexus Venture-led Series B round
Canadian alternative data platform Quandl has secured $12 million in Series B financing, bringing its total funding to more than $20 million. India's Nexus Venture Partners led the Series B round and was joined by U.S. venture capital firm August Capital, which led Quandl's Series A financing in late 2014. With the deal, Naren Gupta of Nexus Venture has joined the company's board. Founded in 2012 by CEO Tammer Kamel and CDO Abraham Thomas, Toronto-based Quandl provides financial, economic and alternative data-sets to investment professionals. It plans to use the funds raised to expand its data coverage.
12 September 2016•3 mins read
