Streambased secures £2.1m seed investment led by Elaia to scale technology
Elaia led the seed round to support team expansion and research and development.
Streambased provides data management technology designed to accelerate discovery and access to raw streaming datasets. The platform integrates storage and processing capabilities with query acceleration to assist data analytics.
Streambased has secured £2.1m in a seed funding round led by Elaia. Additional backing was provided by Seedcamp, TKM, First Momentum, and industry expert angels. The company plans to direct the capital toward recruitment and research and development to scale its technological capabilities.
From the founder
"The amount of operational data generated by rich and immersive applications is skyrocketing and analytical capabilities are not keeping up. Existing approaches are process focused, difficult to automate and driven by the requirements of users without the full picture of the data that is available to them. Streambased closes the gap, providing instant discovery, exploration and high-performance access to all the data within an organisation."
Tom Scott
Founder at Streambased
Investor perspective
"Streambased’s revolutionary approach to real-time data access, combining simplicity with exceptional performance, represents exactly the kind of innovation the industry needs. Their laser focus on reducing complexity and costs while maximizing efficiency sets a new standard for the entire sector. We’re excited to partner with Tom and Léo as they look to transform how businesses operate through data accessibility."
Sébastien Lefebvre
Partner, Elaia
Use of funds
- 01Grow the team
- 02Fund research and development
Investors
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About the company
Streambased
Streambased provides data management technology to accelerate access to raw streaming datasets.