QuantConnect Raises $16K Funding

For a community of over 280,000 quants designing and deploying trading algorithms, QuantConnect has just secured $16K in new investment.

The open-source platform provides its global user base with financial data, cloud computing, and a coding environment to develop strategies in Python and C#. Users backtest these algorithms before deploying them into their brokerage accounts, collectively facilitating over $2 billion in notional volume monthly across more than 12 million created algorithms.