Data analytics software producer Swarm64 has raised $12.5m in a round that was co-led by Intel Capital, taking its total funding to more than $21m.
Swarm64, a Germany-based database analytics technology provider, secured $12.5m yesterday in a series B round co-led by Intel Capital, the corporate venturing arm of semiconductor producer Intel.
Norwegian state-owned investment firm Investinor co-led the round, which was also backed by venture capital firm Alliance Venture and VC fund Target Partners.
Founded in 2013, Swarm64 provides a data accelerator that enables clients to perform real-time big data analytics on the Structured Query Language-centred databases often used by enterprises.
The technology utilises…
