Databento, which sells financial data feeds, raised a $97M Series B led by NEA, taking its total funding to $127M, and says it is "profitable every month"
THE SO WHAT
A $97M Series B into a "profitable every month" market data vendor is a bet that AI-era trading and analytics want API-first feeds, not terminals. If you’re building quant or fintech products, expect more pricing and latency pressure on legacy data providers — and more leverage in procurement.
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