Imperial College London's tech transfer office invests in Import.io's $13m series A round to help companies access data from the web.
Import.io, a UK-based web data extraction platform, has raised $13m in its series A round from investors including Imperial Innovations, the commercialisation and investment subsidiary of Imperial College London.
The round also featured VC firms Wellington Partners, Oxford Capital, Open Ocean, Delin Capital and AME Cloud Ventures.
Import.io has created technology to extract data from websites at a faster rate than scraping, the traditionally used method of “reading” a website link by link recording data that matches specific criteria. The data can be used for tasks including business analysis and marketing.
Import.io raised $3m in its 2014 seed round from AME Cloud Ventures, Open Ocean, Wellington Partners and private investors. In 2013, the company raised $1.3m in a seed round led by Wellington Partners.
David White, chief executive and founder of Import.io, said: “This new round of funding represents the biggest investment ever in web data extraction and we are thrilled to partner with investors who think just as boldly and creatively as we do about delivering on our vision.”
