The data beaming software provider will use the proceeds from the GE Ventures-backed round to expand in Europe and create a partner network.
US-based operational data management software developer Equalum has received $18m in series B funding from investors including GE Ventures, the corporate venturing subsidiary of industrial product maker General Electric.
The round was led by investment firm Planven Investments and also featured venture capital firms United Ventures and Innovation Endeavors.
Founded in 2015, Equalum offers a data beaming platform that is used by enterprises to transmit operational data in real-time to analytics environments by leveraging big data frameworks like Spark…
