Dataminr Raises $130 Million for Growth

Dataminr Geographic AlertingThe real-time information discovery specialist Dataminr  announced that it has raised $130 million in a financing round led by Fidelity. Wellington Management Company, Credit Suisse NEXT Investors, and existing investors Venrock and Institutional Venture Partners also participated in the round.

The partial list of investors continues with John Mack (former CEO of Morgan Stanley), Vikram Pandit (former CEO of Citigroup), Tom Glocer (former CEO of Reuters), Noam Gottesman (founder of the hedge fund GLG); and Nicolas Berggruen (founder of the Berggruen Institute on Governance), plus WorldQuant Ventures, Glynn Capital and Goldman Sachs.

Dataminr says it plans to use the money to meet current demand, expand into new vertical markets, and integrate new datasets into its platform.

Discover the new project

How does third-party data get from the source to the end user? Follow the exploration at the Data Market Study, also sharing discoveries and insights in a newsletter.