Nasdaq Ventures and DRW Venture Capital both invested in a round that will fund product development and international growth for location data provider Cuebiq.
US-based geolocation technology producer Cuebiq has raised $27m in a series B round featuring Nasdaq Ventures and DRW Venture Capital, subsidiaries of exchange operator Nasdaq and trading firm DRW.
The round included Goldman Sachs Principal Strategic Investments, a subsidiary of investment banking firm Goldman Sachs, venture capital firm Tribeca Venture Partners, angel investment group Tribeca Angels and VC fund TLcom Capital.
Cuebiq has created software that uses anonymised location data to help clients get a more informed idea of how…
