Based on joint research at MIT and Intel Labs, the data analytics engine provider has now raised $20m in all after a round featuring Intel Capital.
TileDB, a US-based data analytics spinout of Massachusetts Institute of Technology (MIT) and semiconductor producer Intel, has raised $15m in a series A round backed by the latter’s corporate venturing arm Intel Capital.
The round was led by venture firm Two Bear Capital and also included Uncorrelated Ventures, Nexus Venture Partners and Big Pi Ventures.
Founded in 2017, TileDB has built a data management platform that coordinates multiple storage formats and servers in order to perform analytics on large and versatile datasets.
Applications for the technology include population genome analytics, a discipline aimed at understanding how evolution affects the genome of a given species, and spatio-temporal satellite imaging, combining precise ground footage with the time at which data was recorded.
The technology was invented by a team under Stavros Papadopoulos, a senior research scientist at Intel Labs, the corporate’s open R&D arm, who holds a visiting appointment at…
