InfoTiles announced raising investment money from Proventure Management.

InfoTiles, a Sandnes, Norway-based developer of a a cloud-based data service, announced that it secured NOK 15M ($1.6M) capital investment from Proventure Management.

The money was wired from ProVenture Seed III.

InfoTiles, founded in 2016 by Johnny Alexander Gunneng and Pedja Bihor, developed a software solution that is used to gather, process, analyse and visualise companies’ data in one place in real time. The tool provides a source-independent data processing platform that collects, processes, correlates and presents data from sensors (IoT), open data sources, internal IT systems and SCADA or operating systems. The company focuses on municipalities and customers include the local authorities from Stavanger and Lillestrøm .