Reed Elsevier Ventures, the corporate venturing division of Anglo-Dutch publishers, invests in data company SpaceCurve.

Reed Elsevier Ventures, the corporate venturing division of Anglo-Dutch publishers, has led a $1.1m funding round in SpaceCurve, a US-based developer of database services.

Tony Askew, managing director of Reed Elsevier Ventures, has joined SpaceCurve’s board after the round in which venture capital firm Divergent Ventures also participated.

Askew said: “Spacecurve is a groundbreaking company. Andrew Rogers, the founder and CEO, has created a fundamentally new kind of massively parallel analytical database technology. This technology enables very fast…