Xignite raises $10M for cloud delivery of financial market data
Xignite is out to democratize access to financial data, which has exploded in the past decade with the onset of real-time, 24-hour trading. It is doing so by taking that data and making it more accessible via cloud computing.
That business is enough to enable the company to raise $10 million in a second round of funding, which the San Mateo, Calif.-based company is announcing today. One of the results is that financial markets will be more transparent, as Xignite helps meet the demand of consumers and businesses who want to access market data and understand it immediately…

