YCharts Raises $3.875 Million for Institutional Push

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Chicago-based fundamental data provider YCharts has raised a third round of funding worth $3.875 million, which will help the vendor to expand its content and expand its sales and account management teams to target institutional users with its Platinum premium-subscription product.

The round was led by new investor, Reed Elsevier Ventures, the strategic venture investment arm of professional publisher and information provider Reed Elsevier, while Morningstar -- which took a 20 percent stake in Y

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