Brytlyt secures £3.8m Series A extension from AlbionVC to drive international growth
AlbionVC leads the latest funding round alongside existing backers Amadeus Capital Partners and Finch Capital.
Brytlyt provides high performance data analytics and visualisation technology powered by graphics processing units. The company helps enterprises process massive datasets quickly for improved business insight.
Brytlyt has secured £3.8m in a Series A extension round led by AlbionVC, alongside participation from existing backers Amadeus Capital Partners and Finch Capital. The capital injection coincides with the commercial release of Brytlyt.io, a serverless deployment model aimed at scaling data science operations. The firm intends to direct the proceeds towards international expansion across Europe and the United States, alongside supporting product deployment and recruitment initiatives.
Investor perspective
"Organisations that can extract insights from big data in a timely manner will be the leaders of tomorrow. Our investment in Brytlyt.io is in firm support of that thesis. We are therefore delighted to welcome Brytlyt.io, and visionary founder Richard, into our growing portfolio of cutting-edge data companies that includes Quantexa, Solidatus, Elliptic and more"
Cat McDonald
Investor, AlbionVC
Use of funds
- 01Expand into international markets
- 02Grow the team
- 03Continue product development
Investors
Categories
About the company
Brytlyt
Brytlyt offers accelerated database and analytics solutions using graphics processor units.