Building A Better Yahoo Finance: YCharts Hits Its Stride As A Reliable Destination For Financial Data

Founded in 2009, YCharts set out to offer a legitimate alternative to the Yahoo Finances of the world by becoming a full-service resource for detailed and reliable financial information. The startup wants to turn everyday investors into savvy stock analyst by digging into long-tail data from a variety of sources to get a glimpse into the outlook of your portfolio companies and actually understand the companies you buy and invest in. It's for this reason that, since raising $3.5 million from the 30-year-old financial data giant Morningstar last November, the startup has been on the up and up. YCharts founder and CEO Shawn Carpenter tells us that the company is now seeing 500K visitors per month and has expanded its data coverage to over 500K data series, which includes over 100 metrics on 5K equities, commodities, forex and interest rates. On top of that, users can now combine over 40K economic indicators with the rest of its equity data.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/JnbOF4evaIs/

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