Tangentix’s game on with $2.1m

Mar 24, 2013 •

UK-based Tangentix, which specialises in compressing gaming data for faster downloads, has received $2.1m.

Investors in the latest round include existing investor the Enterprise Ventures Group, which made the investment through its RisingStars Growth Fund II, UK tech investor ParkWalk Advisors, and Finance Yorkshire. To date, Tangentix has raised $3.1 million.

The Sheffield-based firm uses technology developed by Professor Hassan Ugail at the University of Bradford. The firm can compress a game’s data to around a third of its original…

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