Zanbato raises $ 8M to developmental data, technology practice

Zanbato, Inc. said it has raised USD8 million in Series B funding suffered by AITV (Accelerate IT Ventures), with participation from existing investor Formation 8 and Several prominent families and venture capitalists.

The company said it will use the Proceeds to Further Develop its data and technology practice and to expand its footprint in private financial markets.

"Given the importance of private capital flows in today's financial landscape, it is remarkable That private placement processes the REMAIN largely untouched by technological advancement.

Founded in 2013, AITV is a US-based venture capital firm with offices in San Francisco, La Jolla and London That Invested in early-stage and medium-growth IT Software Companies That Demonstrate tremendous opportunities for growth.

Formation 8 is a Venture Capital Firm That Provides financial and strategic capital to Enterprise Software, analytics and e-commerce companies.