Netwave, a Labège, France-based provider of a big data platform for e-businesses, raised €1.2m in funding.
Banexi Ventures Partners made the investment.
The company intends to use the funds to build the management team, hire new people, continue to test the platform and expand operations.
Led by Jean Luc Bernard, President, Netwave provides e-merchants with a real time big data insight platform to conduct marketing campaigns. Its solutions manage daily more than 20 million personalized interactions.
Based in Paris (operations) and Toulouse (R & D), the company has a team of 20.