Zacks invests $50M in Zacks Investment Research

Zacks has invested $50 million in Zack’s investment research company ZacksInvest, the Wall Street Journal reported on Tuesday.

Zacks is a data analytics firm and focuses on digital technology.

ZackInvest was founded by former Google exec Michael Pachter in 2011.

The company has also invested in LinkedIn, Yelp and LinkedIn Ventures.