In this round, they have brought in a large number of prestigious professionals in various fields to support an expansion plan that includes as a priority its commercial landing in the United States. It also maintains its strategies and operations in Spain and Europe.
Logtrust, a Spanish big data company, receives a $11M round of investment
Logtrust, a Spanish company specialising in real-time Big Data solutions, has received a round of funding in order to continue growing globally. Investors include Kibo Ventures, Investing Profit Wisely and Atlantic Bridge.
Software AG buys Zementis, specialising in deep learning software
Zementis is specialised in Artificial Intelligence and Machine Learning, which makes it possible to reinforce the technological proposal of the German Software AG for the IOT. Software AG had already incorporated Zementis' ADAPA (Adaptive Decision and Predictive Analytics) into its Digital Business Platform to offer real-time analysis and greater visibility of business data to organisations.
Datio, a joint venture between BBVA and Stratio to lead big data in the financial sector, is born
The use of big data in the banking sector has numerous applications, such as being able to offer customers solutions that adapt to their needs, predict customer behaviour, detect the possibility of fraud, etc. BBVA has realised the importance of big data for its sector and is investing in this area.
Nextail, which applies big data to shop inventory management, receives a €1.6M round of funding
Nextail is a Spanish company founded in 2014, already operating in Spain, Italy, France and Russia, with plans to expand into the UK next year. The company has just closed a round led by Nauta Capital.
Logicales, the systems integrator, is growing in analytics by buying Lantares and Trovus and does not rule out further acquisitions.
"Analytics is a fundamental element of the SMAC model, providing the practical insight essential to driving innovation in the organisation and gaining a competitive advantage from disparate data," Logicalis says. As evidence of this, in May, both the Spanish and UK divisions made acquisitions in the big data analytics sector.
In 2015, investments in big data companies accounted for 11% of total venture capital investments.
By the end of this year, the big data analytics market is expected to reach $16.9B in revenues, up 5% from 2015. Among the sectors in which big data will grow the most in the coming years are manufacturing and banking, which are expected to be the fastest-growing...
Beabloo, a specialist in digital marketing onmicanal and Big Data has bought Metriplica, focused on online analytics.
Technology company Beabloo has bought online analytics company Metriplica for €2M to improve the services Beabloo provides to its customers, making progress in attracting online consumers to physical shops. Customers will be able to link...
NEA, Andreessen Horowitz, Accel Partners: Most active investors in big data
Investment in big data analytics companies grew considerably in 2015, when 73 rounds were made for an amount of $$1.8B. In the first half of 2016, investment seems to have fallen a little, with 25 rounds. Big data and...
H2020 PPP in the field of Big Data
Public-private partnerships (PPPs) are European initiatives that support R&D&I in areas of particular relevance to Europe's economy and industrial leadership. To do so, it brings together funds from different areas of H2020 and leverages private sector investment.
Using Big Data for semantic analysis gets funding.
In the last two months two Spanish Big Data companies that use natural language processing for semantic analysis: Bitext and Sentisis, have received the backing of investors. Moreover, in recent years the number of companies in the sector has grown considerably.
Investment analysis in the Machine Learning sector
"Machine learning is attracting a lot of interest from tech giants, who are spending a lot of money and effort to hire the best machine learning researchers. Companies in the sector are aware of this and are making a...