Quandl nabs $5.4 mln in VC funding from August Capital

Toronto-based Quandl, a web-based platform for financial and economic databases, has secured $5.4 million in a Series A funding round. The investor was U.S. venture capital firm August Capital. Concurrent with the funding, Dave Marquardt and Tripp Jones, respectively co-founder of and partner at August Capital, have been added to Quandl’s board of directors. Update: Founded in 2013, the company said it will use funds to fuel its expansion into commercial data. Quandl currently hosts over 10 million financial and economic datasets on its website.

13 November 2014•3 mins read
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