NEWS26 May 2020

Brytlyt raises $4m funding

Data analytics Financials New business News UK

UK – Data and visualisation technology firm Brytlyt has generated $4m in Series A funding from global technology investor Amadeus Capital Partners and Finch Capital.

Brytlyt said it would use the funding to build a stronger sales operation, enter new markets and grow its engineering team.

The company currently runs a visualisation tool, SpotLyt.

Nick Kingsbury, partner at Amadeus Capital Partners, said: “The Brytlyt team has built very impressive high-performance database technology.
“Amadeus is pleased to be supporting Brytlyt as they invest in product innovation, enabling customers to extract real-time, actionable insights from massive data sets.”

Andrei Dvornic, investment manager at Finch Capital said: “Brytlyt is enabling companies to leverage machine learning and big data analytics at great scale in order to solve the world’s hardest problems.

“We are delighted to join them on their journey."

@RESEARCH LIVE

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