YCharts Investment to Fund Tech Hires

The vendor is not disclosing the total funding raised-from venture capital firms Hyde Park Angels, Illinois Innovation Accelerator Fund (I2A Fund), Amicus Capital and Social Leverage LLC-though YCharts chief executive Shawn Carpenter says it is a "seven-figure number."

Carpenter says YCharts will use the additional capital to build up its technology team, primarily to fund the hire of more staff in engineering roles, and over the coming months will leverage the increased resources to accelerate

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