According to CoinMeta, financial data company Databento announced the completion of a $100 million Series C financing round, raising its valuation to $1.1 billion. This comes just four months after completing a $97 million Series B financing round in July of this year. The company currently has only 39 employees but has already achieved profitability. Officially disclosed, revenue has more than doubled since the last financing round. Initially, the company did not plan to raise funds this time, but existing shareholders actively requested additional investment. Databento directly obtains real-time trading and historical data for stocks, futures, and options from exchanges, and then provides it to quantitative funds, securities firms, and developers through API. AI has also become an important customer; five of the world's six leading AI laboratories have signed corporate contracts with them, and both OpenAI and NVIDIA are their clients. Founder Christina Qi has revealed that about 90% of the company's revenue comes from large financial institutions and AI laboratories. The company plans to use the new funds to expand its global data infrastructure and has already advanced the deployment of nine data centers in locations such as Hong Kong, Japan, and London over the past four months, preparing to provide historical trading data for more markets.