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.
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