Wednesday, April 26, 2017

Robinhood Snags $110M Funding Round

Palo Alto-based Robinhood, which develops a free, stock trading app, has raised $110M in a Series C funding round, the company announced this morning. The funding came from DST Global, and also included Index Ventures, NEA, Ribbit Capital, Greenoaks Capital and Thrive Capital. Robinhood's CEO and co-founder is Baiju Bhatt.