Launch for Streaming Analytics Platform Quix

In London, start-up Quix has raised $3.2m in a seed round of funding, which it will use to launch a real-time streaming analytics platform.

Quix was founded a year ago by the McLaren engineers behind the data systems used by most F1 teams. The firm says its platform allows anyone with Python skills to apply machine learning to real-time data streams in hours rather than the years it previously took, and help organisations act on their insights.

Commenting on the launch, co-founder and CEO Michael Rosam (pictured) said: 'At Quix, we believe that it will soon be essential for every organisation to automatically action data within milliseconds of it being created. Whether it's personalising digital experiences, developing electric vehicles, automating industrial machinery, deploying smart wearables in healthcare, or detecting financial fraud faster, the ability to run machine learning models on live data streams and immediately respond to rapidly changing environments is critical to delivering better experiences and outcomes to people'.

New funding has been led by Project A Ventures with participation from Passion Capital, and angel investors including Frank Sagnier (CEO, Codemasters) and Ian Hogarth (Co-author, State of AI Report).

Web site: www.quiz.ai .