HSBC, which co-led the data analysis platform's series A round last year, has returned to invest in the company's series B.
UK-based data analytics software startup Quantexa has received $20m in series B funding from investors including financial services firm HSBC.
The round was led by venture capital fund Dawn Capital and included Albion Capital, the investment manager that co-led Quantexa’s $3.3m series A round with HSBC in March 2017.
Founded in 2016, Quantexa has built a software platform that combines network analytics, artificial intelligence and real-time entity resolution, enabling users to derive more in-depth insights from disparate data streams.
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