WebRadar, a Brazil-based big data company, has raised multi-million dollar investment from Intel Capital, the corporate venturing unit of the eponymous US-listed chip maker.

David Thomas, managing director for Intel Capital in Latin America, said: “Even though it is still early in Brazil, the big data market has already reached $4.8bn worldwide and is one of the highest growth segments in technology.”

Alexandre Villela, an investment director for Intel Capital in São Paulo, Brazil, led the WebRadar deal.

Founded in 2008, WebRadar services customers, including Nokia Siemens Networks, Nextel, Telefonica, and Luft Transports, in Brazil, Mexico, Peru, Argentina, Chile, Bolivia, Portugal and India.

Adriano da Rocha Lima, chief executive of WebRadar, said: “Intel Capital, with its broad knowledge of this sector and global network of contacts in the technology world, has proven to be the ideal investor for WebRadar at this time as we seek to take our innovative technology…

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