Market intelligence platform AlphaSense raises $180 mn in Series C funding – Business Standard

AlphaSense, one of the leading market intelligence and search platform, on Friday announced its $180 million Series C financing round led by Viking Global Investors and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), joined by Morgan Stanley, Citi, Bank of America, Barclays, Wells Fargo Strategic Capital, Cowen Inc., and AllianceBernstein, as well as existing investors.

The capital infusion will be used to further invest in product development, content expansion, and customer support, and to drive organic growth as well as acquisitions. The company previously closed a $50 million Series B round in July 2019, which included prominent investors such as Innovation Endeavors, Jim Simons’ Euclidean Capital, Soros Fund Management and Tribeca Venture Partners.

The company headquartered in New York has innovation hubs in Pune and Mumbai. Raj Neervannan, co-founder and chief technology officer of AlphaSense, said, “AlphaSense has emerged as the market…

Read Full Story: https://www.business-standard.com/article/companies/market-intelligence-search-engine-alphasense-raises-180-mn-in-series-c-121100100522_1.html

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