Goldman Sachs and Citi have returned to back a $20m series B round for Crux Informatics that almost doubled its overall funding to $41m.

US-based financial data processing platform Crux Informatics has raised $20m in a series B round featuring investment bank Goldman Sachs’ Principal Strategic Investment subsidiary and financial services firm Citi.

The round also featured Two Sigma, the investment management firm that was already revealed as a backer last month when it supplied an undisclosed amount of funding for the company.

Crux Informatics operates a cloud-based software platform that extracts, validates and standardises data from a wide range of sources in…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.