WorldQuant Ventures, an angel investment firm focused on disruptive companies in technology, with a particular focus on data and finance, has invested in Benzinga, an originator of actionable financial insights and data.
WorldQuant Ventures' investment will fuel an expansion of Benzinga's original market-moving content and data service infrastructure, allowing Benzinga to better serve demand from traders and investors.
"We're very excited to announce our investment in Benzinga," says Steven Lau, managing director of WorldQuant Ventures. "The world of finance needs a voice focused on delivering valuable insight to its clients as well as highly actionable data sets at incredible speed, and Benzinga's consistent ability to do exactly that presented a great investment opportunity for WorldQuant Ventures. Benzinga is already a top financial news site, particularly with active traders and millennials, and we believe it has tremendous growth potential within the investment world."