TradingView acquires TradeIt to add instant trading APIs to its investor toolkit

TradingView acquires TradeIt to add instant trading APIs to its investor toolkit

5 years ago
Anonymous $syBn1NGQOq

https://techcrunch.com/2019/04/02/tradingview-acquires-tradeit-to-add-instant-trading-apis-to-its-investor-toolkit/

After raising $37 million to bring its on-the-spot stock market analytics tools to a wider range of publishers and other internet partners, TradingView today has announced its first acquisition to supercharge the services that it offers to investors, wherever they happen to be online. The startup has acquired TradeIt, which has built an API for on-the-spot trading on any site that uses it.

The terms of deal were not disclosed, but we understand from sources close to the deal that it was under $20 million, more specifically in the “high teens.” TradeIt, which used to be called Trading Ticket, had raised about $12 million from investors that included Peter Thiel’s mostly-fintech fund Valar Ventures, Citi Ventures and others. TradingView had raised just over $40 million with investors including Insight Partners, TechStars and others.