New York based market data infrastructure platform raised $21m in Series A funding led by Credit Suisse Asset Management's NEXT Investors.
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Market data infrastructure platform MayStreet raises $21m in Series A funding
Commenting on the investment, Patrick Flannery, MayStreet CEO and Co-Founder, said: “For firms across our industry –banks, quantitative investment firms, traditional asset managers, trading system vendors, etc. – the race is on to figure out how to most effectively extract value out of the ocean of market data that gets created each day. From our standpoint, this is an incredibly exciting problem to solve, which is why we’ve worked so hard these past eight years to develop, in conjunction with some of the world’s most demanding users of market data, a sophisticated platform to do just that. Credit Suisse NEXT Investors sees the world in a similar way, and we are thrilled to have the opportunity to work with them to further scale our business.”
