GeoSpock completed a $5.4 million funding round co-led by nChain and Cambridge Innovation Capital.
GeoSpock, a Cambridge, UK-based software developer of software sollutions for data analysis and integration, announced that raised a $5.4M Series A investment round.
The money was provided by investors co-led by nChain, a provider of enterprise-grade public blockchain solutions, and Cambridge Innovation Capital (CIC), and includes investments from leading technology investors in Asia, including Global Brain, NTT DOCOMO, Parkwalk, KDDI Innovation Fund, 31 Ventures, and Meltwind.
The proceeds withh help GeoSpock's further international expansion and set the stage for tackling the opportunity to develop novel blockchain applications for national and world-scale datasets.
GeoSpock, founded in 2013 and led by CEO Richard Baker, developed and sells SAAS for a unique analytics database that is able to dynamically fuse any-scale connected device, smart city, or IoT data to unlock next-generation use cases, whilst also reducing the complexity, cost, and operating latency when compared to competing solutions.