Fastdata.io, a real-time stream processing company, raised $5 million in a seed round co-led by CrossCut and Pelion Venture Partners, with participation from existing investor NVIDIA. According to Fastdata.io, by processing complex algorithms against terabytes of live streaming data, FDIO Engine reportedly accelerates stream processing
San Francisco-based Splice Machine closed $9 million in financing. Four investors contributed to the round: Salesforce Ventures, Correlation Ventures, InterWest Partners, and Mohr Davidow Ventures. The company’s SQL-compliant database is designed to help companies with high-performance, massively scalable databases for big data applications without requiring users
Slingshot Aerospace raised $3.3 million in seed financing, led by ATX Seed Ventures, with participation from Okapi Venture Partners, Sway Ventures, and Noname Ventures. According to the company, Slingshot’s satellite, aerial, drone signal processing AI, analytics capabilities, solutions, and geospatial insights allow customers worldwide to make
According to a recent SEC filing, enterprise it startup MotionDSP has raised $4.7 million in financing from an undisclosed investor. MotionDSP is a Silicon Valley-based company making advanced computer vision and image processing software that extracts information from real-time video. The company uses deep IP to
Payment technology startup Fattmerchant announced the close of $5.5 million in financing from Fulcrum Equity Partners. Fattmerchant offers a credit card processing model for small business that focuses on payment technology, human customer support, and simple merchant services. Based in Orlando, Florida, it supports retail and
Enterprise IT startup Bigstream announced the close of its Series A financing. Three investors participated in the round: Intel Capital, Cota Capital, and Oriza Ventures. Bigstream provides hyper-acceleration technology for popular “big data” processing engines, using both hardware and software accelerators, such as Apache Spark. Hyper-acceleration
Wallaroo Labs is a developer tool that provides an ultrafast and elastic data processing engine. It makes infrastructure virtually “disappear” so users get rapid deployment, low operating cost, and elastic processing capacity with zero downtime for surveillance, analytics, machine learning, and other applications. The makers
DSP Concepts announced the close of $10 million in Series A financing led by BMW i Ventures, with participation from Walden International Ventures. DSP Concepts is a leading provider of embedded audio solutions that specialize in microphone processing and playback processing. Its solutions are built around