YCharts: Funds, Morningstar Buy-In to Boost Data

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Chicago-based fundamental data analysis provider YCharts will accelerate plans to expand the data and calculations available on its Web-based fundamental analysis platform by hiring more technology staff, using funds from a $3.25 million Series B financing round closed early this month, led by new investor Morningstar, along with existing investors, including venture capital firms Hyde Park Angels and Illinois Innovation Accelerator Fund (I2A Fund).

The funds will primarily go toward new hires i