iguazio Raises $33M in Series B Funding

iguazio, a Herzliya, Israel-based real-time edge analytics platform provider, raised $33m in Series B funding.

The round was led by Pitango Venture Capital, with participation from Verizon Ventures, Robert Bosch Venture Capital GmbH (RBVC), CME Ventures and existing investors Magma Venture Partners, Jerusalem Venture Partners and Dell Technologies Capital.

The company, which has raised $48m in total funding, intends to use the capital for rapid global expansion.

Founded in 2014 by CEO Asaf Somekh, CTO Yaron Haviv and VP of Product Yaron Segev, iguazio provides a continuous analytics data platform to accelerate performance in big data, the Internet of Things (IoT) and cloud-native applications, enable the digital transformation of enterprise companies and simplify real-time analytics at the edge, on-premises and in hybrid environments, complementing the offering of cloud providers.

FinSMEs

25/07/2017

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