GeoSpock raises £2m from Parkwalk Advisors to fuel international growth.
Parkwalk Advisors backs GeoSpock with £2m in new funding to support international expansion.
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GeoSpock develops a high performance database technology designed to handle large scale spatial and temporal data analytics. The platform enables real time insights for connected devices, smart cities, and internet of things applications.
Cambridge-based spatial big data platform GeoSpock has secured £2m in additional investment from Parkwalk Advisors. The capital follows a recently closed £10m funding round and brings the company's total funds raised to date to £21.3m. The new funds will be used to support international expansion and client account development.
From the founder
"We are delighted to announce the addition of Noren to our Board of Directors at this exciting period of growth for GeoSpock. I am hugely impressed with the wealth of knowledge and experience Noren brings to our business, and his expertise will be instrumental in helping to guide the continued expansion and success of GeoSpock. We also thank Parkwalk Advisors for their continued support as we strive to achieve our technological vision across industries spanning mobility, telco, and IoT, as well as smart city and maritime initiatives."
RB
Richard Baker
CEO at GeoSpock
Use of funds
- 01Expand into international markets
