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Nasdaq Ventures, FactSet and IQ Capital led a $26m Series B round in BMLL.

Synopsis

Nasdaq Ventures, FactSet and IQ Capital led a $26m Series B round in BMLL, an independent provider of harmonised, historical Level 3 data and analytics across global equity and futures markets. The investment will help BMLL deliver on its razor-sharp focus on customer needs for more data coverage across an increasing number of global markets. The funding will support investment in acquiring new data sets globally; growing the BMLL engineering capabilities to integrate these new data and analytics capabilities into existing products for an ever-expanding universe of customers; and building on the existing presence in North America with the opening of an office in New York.

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