Databento Raises $97M to Expand Market Data Infrastructure

Christina Qi's Databento has secured $97 million in funding to further develop its market data infrastructure platform. The Series B round was led by NEA and saw participation from DRW Venture Capital, Redpoint Ventures, and Tribe Capital.

The company provides low-latency APIs for real-time and historical market data across equities, futures, options, and more from over 60 trading venues. This includes tick-by-tick trades and full order books, accessible through Python, Rust, and C++ programming languages.

Databento currently serves over 3,000 firms and has already incorporated cryptocurrency futures data from the CME and CFE into its offerings. The company's roadmap reportedly includes plans to integrate Binance spot, futures, and options data in the future.