University of Notre Dame has contributed to an $11.9m series B round for Notre Dame spinout Lucata.

Lucata, a US-based graph analytics software developer spun out of University of Notre Dame, has secured $11.9m in a series B round featuring University of Notre Dame.
Middleburg Capital Development, Blu Ventures, Hunt Holdings, Maulick Capital and Varian Capital also took part in the round.
Originally called Emu Technology, Lucata has developed computer architecture to accelerate and scale graph analytics, making existing graph database software more efficient and allowing it to process larger datasets.
Lucata previously secured $2.5m in 2014 and $3.5m two years later before electronics producer Samsung subsidiary Samsung Ventures led a $5m series A-2 round in 2017 featuring existing backers Blu Ventures and IrishAngels.
– A version of this story first appeared on our sister site, Global Corporate Venturing.

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