GeoSpock, a Cambridge, UK-based data analysis company, raised $5.4m in funding.
The round, which brought the total the company has raised to date to over $32m, was led by nChain, a global digital ledger research and solutions technology company, and Cambridge Innovation Capital (CIC) with participation from strategic investor NTT DOCOMO Ventures, the investment arm of Japan’s premier provider of telecommunications and ICT services, and existing investors Global Brain, Parkwalk, KDDI Innovation Fund, 31 Ventures, and Meltwind.
The company intends to use the funds to accelerate the development and adoption of its database.
Led by Richard Baker, CEO, and Dr. Steve Marsh, Founder and CTO, GeoSpock is a big data analysis company that leverages an analytics database able to dynamically fuse any-scale connected device, smart city, or IoT data to unlock next-generation use cases.
FinSMEs
02/10/2020