Peak, a Manchester, UK-based data analytics company, secured £2.5m in Series A funding.
The round was led by MMC Ventures.
The company, which has raised £3.5m in total funding so far, intends to use the capital for ongoing investment in machine learning and AI technologies, and sales growth.
Co-founded by Richard Potter, Atul Sharma and David Leitch, Peak provides a SaaS based data analytics platform for companies of all sizes to use data, machine learning and AI technologies to drive growth. The subscription-based platform combines all the required data analytics services – unifying, processing, modelling and extracting insight.
The company, which currently emplaoys 35 people in total, serves such customers as The Economist, Morrisons and AstraZeneca, as well as SMEs and technology businesses.
FinSMEs
11/09/2017