Cambridge Innovation Capital is an established VC firm embedded in the UK technology ecosystem with privileged access to the University of Cambridge. The firm manages over £600m of capital and invests across deep tech and life sciences.
The video management platform raised the Series B capital from Downing Ventures, Guinness Asset Management, and Cambridge Innovation Capital.
"This funding is clear recognition of the value our partners and prospects see in the platform. We have a world class roster of clients across the sports, media and enterprise sectors and have a healthy pipeline going into 2019. We look forward to accelerating our global operations and are thrilled to be working with new investors to continue shaping the future of video management."
Downing Ventures led the Series B round with participation from Guinness Asset Management and Cambridge Innovation Capital.
"This funding is clear recognition of the value our partners and prospects see in the platform. We have a world class roster of clients across the sports, media and enterprise sectors and have a healthy pipeline going into 2019. We look forward to accelerating our global operations and are thrilled to be working with new investors to continue shaping the future of video management."
The funding round includes strategic backing from Avery Dennison alongside existing investors ARM and Cambridge Innovation Capital.
"Avery Dennison works with more than 10,000 converters, brand owners and retailers worldwide, making them an ideal supply chain partner to deliver solutions based on our unique technology. We appreciate the confidence in our business reflected by this investment from Avery Dennison, as well as continued strong backing from CIC and ARM"
IQ Capital led the Series B round with participation from several co-investors to advance the company laboratory research tools.
"IQ Capital are a long standing client of ours – we helped them set up both their current IQ Capital Fund II and its predecessor, IQ Capital Fund I. We are delighted to see them so actively investing out of their latest fund and particularly in Fluidic Analytics, a local business with an exciting and entrepreneurial management team developing truly disruptive technology."