Quix announced raising £2.3M in a round led by Project A Ventures.
Quix, a London, UK-based software developer of a cloud data platform used for real time data streaming, announced the completion of a £2.3M ($3.3M) capital funding round.
The money was raised from British and German investors, led by Project A Ventures and joined by Passion Capital and angel investors including Frank Sagnier, Ian Hogarth, Chris Schagen, and Michael Schrezenmaier.
Quix, founded in 2020 by Michael Rosam (CEO), Tomáš Neubauer, Péter Nagy, and Patrick Mira Pedrol, developed The Quix Portal, a cloud data platform for developers helping them build real-time applications using data-in-flight.
This means making it easy for any Python developer to stream data and process it with real-time machine learning models so they can build automated product experiences with the same quality and reliability as the world’s leading Machine Learning (ML) organisations without any of the hassle, time and investment needed to set-up the underlying infrastructure.
The founders met at McLaren (F1) where they built systems that most Formula 1 teams now use to stream and process over a million data points per second in real-time. This is the ultimate live-data environment where a team’s ability to connect engineers to streaming data is directly correlated to their performance on-track.
Quix is a developer-first platform with the message broker at the core. It accelerates the development of real-time data-driven products by providing all the infrastructure, API’s and SDK that Python developers need to stream, process and store data without support from any IT, DataOps or DevOps people.