Xignite Eyes Bond Data, On-Demand Analytics with New Funding

Stephane Dubois, CEO and founder, Xignite

Web services data provider Xignite plans to significantly increase the amount of market and reference data that it can offer on-demand, as a result of a $10 million funding round secured earlier this summer and announced last week.

The San Mateo, Calif.-based vendor will use the fundraising—led by StarVest Partners and John Steffens, founder of Spring Mountain Capital and a former vice chairman of Merrill Lynch—to acquire new datasets to “expand the breadth and depth of information and services