Fastdata.io, a Santa Monica, CA-based real-time stream processing company, raised a total of $1.5m in funding.
Backers included Nvidia and others.
The company intends to use the funds to invest in developing its product, marketing and talent acquisition.
Founded in 2016 by Alen Capalik, Fastdata.io is introducing an efficient stream processing software (FDIO Engine™) engine which leverages general-purpose computing on GPUs for real-time big data processing opening new possibilities for application development in industries that require real-time processing like finance, fraud, security, artificial intelligence, machine learning, virtual and augmented reality, Internet of Things and autonomous vehicles.
The company also offices in Seattle, Washington.