Brazilian big data and operational intelligence company WebRadar raises new equity from Citrix and existing investor Intel Capital, to accelerate its international growth.
WebRadar, a Brazil-based technology company offering a big data platform to improve operational efficiency for clients in the telecom, transportation, and energy sectors, announced at the end of October that it had raised an undisclosed amount of new equity financing led by software company Citrix, with participation from existing investor Intel Capital, Intel’s global investment and M&A organization.
WebRadar will use the proceeds of the financing to accelerate its international expansion and increase its research & development efforts.
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