Getco-backed investment algorithm platform developer Quantopian will invest the cash in improving its product and education material, and acquiring additional datasets.
Quantopian, a US-based investment algorithm platform provider backed by trading firm Getco, attracted $25m on Monday in a series C round led by venture capital firm Andreessen Horowitz.
VC firms Bessemer Venture Partners, Khosla Ventures and Spark Capital also contributed to the round along with Point72 Ventures, the VC arm of family office Point72 Asset Management.
Quantopian provides data, capital, education tools and infrastructure to enable customers such as finance professionals, scientists and students to develop investment algorithms. The company licenses promising…
