SPIN Processed News Frame: The Cushion
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" (Lily Mae Lazarus/Fortune)
Databento, a financial data feed provider founded by former high-frequency trading executive Christina Qi, raised $97M in Series B funding led by NEA, bringing total funding to $127M while claiming monthly profitability.
Spin 67% Claim Present in Source AI Risk Moderate
What AI may repeat
"Databento raised $97M in Series B funding and claims to be profitable every month."