Acunu, a London, UK-based data storage specialist, closed a £2.2m (approximately $3.6m) Series A financing.
Investors include Eden Ventures, Oxford Technology Management and Pentech Ventures LLP.
The company will use the funds to bring its first product, the Acunu Storage Platform, to market. The product is currently in private beta with companies in areas including social media, advertising and cloud computing (www.acunu.com/beta).
Acunu provides software to address the new challenges of storing, processing and serving very large amounts of data at low cost – a fast-growing area known as “Big Data”.
Started by researchers from Cambridge and Oxford Universities, founded in 2009 and led by CEO Tim Moreton, Acunu provides developers with an easy to use software that is designed to address the new challenges of storing, processing and serving very large amounts of data, improve agility and reduce deployment risk.