Cincinnati startup raises $3.5 million financing round

Story excerpt provided by Cincinnati Business Courier.

Written by Steve Watkins.

Fast-growing Cincinnati startup Astronomer has raised a $3.5 million round of venture capital financing to help it continue its breakneck pace of expansion.

Astronomer, which taps into the white-hot data analytics market by mining and preparing data for companies to use to improve their businesses, raised $2.5 million in equity and another $1 million in debt financing. Locally based seed capital investor CincyTech co-led the financing round along with San Francisco-based Wireframe Ventures. Several other venture capital funds, including one from the United Kingdom, also invested.

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Originally published June 28, 2017.

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