Big Data Startup Secures $19 Million

NGDATA, a consumer intelligence management solutions company, acquired $19 million in Series C financing, led by HPE Growth Capital. IDinvest Partners, SmartFin Capital, Capricorn Venture Partners, Nausicaa Ventures, and Pamica also participated.

NGDATA combines Big Data management and machine learning technologies into an integrated solution that provides enterprises with actionable insights to enable sales and increase customer loyalty. It was recently named one of Bank Systems and Technology Magazine’s “Top 7 Big Data Players to Watch.”

The funds will primarily be used to further accelerate global growth and to continue to build out NGDATA’s vision.