Canalyst, the leading independent provider of fundamental models to institutional investors, announced today that it has closed a $20 million Series B financing. The round was led by a strategic investor with participation from ScaleUP Ventures and existing investors including Vanedge Capital. This brings Canalyst’s total funding to $28 million, with prior rounds led by Vanedge and several of the company’s early clients. “The investment industry is continuing to experience persistent evolutionary forces, leading to...