Downing Ventures led the Series B round with participation from Bain Capital Ventures, Uncorrelated Ventures, MMC Ventures, and Chestnut Street Ventures.
"Securing a further significant round of funding is an important step in the development of the business and a huge vote of confidence in our team, technology and achievements to date,"
The Series A round was led by Mobeus and will support international growth and product development.
"These are incredibly exciting times for Vivacity Labs, and the investment will support our objective to enhance and optimise traffic systems everywhere"
The data indexing platform raised further capital led by Beringea to develop its product and support scaling.
"Today every company on earth is a data company and the ability to see all data, in absolute detail, in one place, regardless of source and type, has been the one constant that has held us all back from maximising the true value of our data strategies, until now! I am delighted to be part of the Exonar Team, as we enable our customers to truly know and leverage their data, in ways previously not possible, on behalf of the people they serve."