Deals
Two Sigma Invests in Startup That Handles Unsexy Side of Data
- Takes minority stake in Crux, a data organizing firm
- Crux’s $10 million funding round led by Goldman Sachs in 2017
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The conventional wisdom that big data will transform investing misses one nagging detail: working with giant data sets can be a hairy, time-consuming mess.
Two Sigma, the quantitative hedge fund run by David Siegel and John Overdeck, is investing in a startup that’s trying to solve data headaches for financial firms.