Cambridge big data analytics spinout GeoSpock has now raised $24.5m from investors including Cambridge Innovation Capital and Parkwalk Advisors.
GeoSpock, a UK-based big data analytics platform spun out of University of Cambridge, attracted £10m ($12.8m) in funding today in a round co-led by Cambridge Innovation Capital (CIC), the university’s affiliate patient capital fund.
Parkwalk Advisors, the fund management arm of commercialisation firm IP Group, and 31 Ventures, a corporate venturing division of property developer Mitsui Fudosan, co-led the round together with venture firm Global Brain.
The deal was rounded off by telecoms firm KDDI, which invested through its through KDDI Open Innovation Fund and Supership DataMarketing Fund Program, and private investor Jonathan Milner.
GeoSpock was reported to be targeting $19.9m to $26.5m for its next funding round in July 2018, however it is unclear whether the figures relate to the latest announcement.
Founded in 2013, GeoSpock develops big data analytics software products that contextualise vast quantities of information for modern infrastructure purposes such as…
