Quantopian, a browser-based trading platform for quantitative analysts, announced on Wednesday that it raised $6.7 million in a series A financing round. Khosla Ventures and existing investor Spark Capital participated in the round, bringing the total amount of funds raised to $8.8 million.
Shares of Facebook were trading at $45.05 on Wednesday morning, an all-time-high share price for the company’s stock since it debuted on the Nasdaq exchange nearly a year and a half ago. The stock is up nearly 70 percent over the past two months, rallying on the strength of the company’s last earnings report which included strong mobile advertising numbers.
The outage — due to an unexplained technical issue — saw a large chunk of the U.S. stock market effectively come to a standstill at midday, freezing prices in stocks, exchange-traded funds and options listed on Nasdaq and prompting other trading venues to stop trading those securities.
For the first time since Facebook debuted on the Nasdaq last year, its shares closed above its IPO price, finishing at $38.05 on Friday. The company has traded far beneath that number since Day One, but recently rallied on the strength of a solid earnings report and particularly impressive gains in mobile advertising.