Xignite  raises $20M

What does Xignite do?

Xigntie, is a provider of market data cloud solution for financial technology companies and financial institutions. The company provides real time and reference market data APIs to enterprises and fintech companies. It is names as one of the 10 coolest brands in banking. The company provides cloud based financial market and data APIs to help the established enterprises and emerging companies deliver real time and reference market data for this digital assets such as mobile apps and websites. The company’s clients include over a thousand financial services, software and media companies from disruptive fintech firms, such as Motif Investing, FutureAdvisor, Betternment, Robinhood, Personal Capital, Wealthfront, StockTwists and Yodlee to the leading exchanges, financial institutions and market data vendors including BMO, Nasdaq and SIX Financial Information.

How much Xignite was funded?

Xignite raised $20M in Series C on February 8, 2016 from Altos Ventures, Capital Ventures, QUICK Corp and StarVest Partners.

Previous Funding

$5.72M in Series A on November 13, 2009 from Startup Capital Ventures and Altos Ventures

$675k on October 28, 2010

$10M in Series B on September 13, 2011 from StarVest Partners

 What is next for Xignite?

The company’s latest funding brings the total investments in the company to $37M. The funding round was led by Quick Corporation based in Tokyo and as a part of the funding, both the companies will be partnering in delivering Xignite’s cloud based data solutions in the Asian market and Quick’s fin data nd info through Xignite’s market leading APIs. The company plans to used the funding for further scaling its sales and marketing efforts and for expanding its product capabilities in order to fuel the continued global growth.

More about Xignite

The company was founded in 2003 by Stephane Dubois. It has its headquarters in San Mateo, CA. This company is powering many of the innovative fintech leaders globally.