According to reports (read here), Arachnys, a Cambridge, UK-based provider of business intelligence solutions related to emerging markets, recently raised an undisclosed amount of Series A funding.
Backers include Peter Cowley, investment director at Martlet, Cambridge Capital Group and Cambridge Angels.
Co-founded by David Buxton and Harry Waye, and recently emerged from the Springboard Cambridge programme, Arachnys has developed a technology that allows companies to search for data from over 100 of the world’s fastest-growing economies from Africa to South-East Asia, Central Asia and Latin America.
Users can search documents in more than 60 languages, using English keywords and find official info, related for example to litigation, and corporate as well as news.
FinSMEs
28/11/2011