The mining analytics software provider, which is backed by Orica Mining Services, is targeting a $12m final close for the round.
DataCloud, a US-based mining data analytics provider backed by mining explosives supplier Orica Mining Services, has secured $8m in funding, according to a securities filing.
The capital was provided by a single undisclosed investor as part of a round the company aims to close at $12m.
Founded in 2016, DataCloud offers real-time analytics software for open-pit mine drillers. Its features include a tool that assesses rock composition before detonation, so the miners can subsequently locate valuable metal or mineral ore.
…
