Bain Capital Venture’s recent $12m investment in EDGAR Online is clear evidence that wary software industry investors are starting to believe in the potential of a global financial ecosystem based on XBRL-tagged data. But I think there’s another reason for this confidence in the future of XBRL. Savvy tech-industry watchers also recognize that the proliferation of ‘iPlatforms’ means many more ways to deliver useful financial information by leveraging XBRL. Read the rest of this entry »