New Funds for Big Data Platform GeoSpock

Big data analysis platform GeoSpock has raised $5.4m in a new round of funding, which it will use to accelerate development and adoption of its dataset.

The company has headquarters in Cambridge, UK, and offices in Singapore and Tokyo, and offers GeoSpock DB - a cloud-native analytics database designed for queries on 'extreme-scale' datasets. The firm works to ensure that data analytics is generating maximum value, by enabling dynamic contextual intelligence; and it produces real-time insights - operating in seconds, as opposed to weeks with existing solutions - enabling clients to power new applications, answer complex questions, and make decisions on the fly.

New funding has been led by nChain and Cambridge Innovation Capital, with participation from NTT DOCOMO Ventures, and from existing investors Global Brain, Parkwalk, KDDI Innovation Fund, 31 Ventures and Meltwind - bringing the total raised to date to more than $32m. GeoSpock CEO Richard Baker (pictured) comments: 'We are delighted to have attracted investment and partnerships from such an extraordinary global base of investors which includes market leaders in blockchain, telecoms, smart building, and smart cities solution innovators'.

Web site: www.geospock.com .