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Quix secures $ 3.2 million seed funding to launch its streaming analytics platform


Quix secures $ 3.2 million seed funding to launch its streaming analytics platform

LONDON, May 12, 2021 / PRNewswire / – Quix, real-time streaming analytics platform, announces a $ 3.2 million launch led by Project A Ventures, with the participation of Passion Capital.

  • Quix publishes its platform for Python developers working with streaming data and offers a free subscription
  • Quix use cases were founded by former McLaren F1 engineers and include applications in the automotive, finance, healthcare, and manufacturing industries

Quix team

Quix is ​​the first data platform that connects Python developers with real-time data streams. The company’s vision is to help businesses large and small get their data insights to life instantly, at lower cost and with less environmental impact.

“At Quix, we believe that it will soon be important for every company to automatically process data within milliseconds of its creation. Whether it is about personalizing digital experiences, developing electric vehicles, automating industrial machines, using intelligent wearables in healthcare or detect financial fraud Faster, the ability to run machine learning models on live data streams and react instantly to rapidly changing environments is critical to providing people with better experiences and results, “said Co-Founder and CEO Michael Rose Conditions.

Quix Portal goes online
Today the Quix portal is open to the public, offering developers a free subscription to a data platform that removes all barriers to building real-time applications on streaming data. With Quix, anyone with a knowledge of Python, the data science language, can apply machine learning to data streams in real time in hours, instead of the years before.

A large data engineering team and extensive investments in the data infrastructure are no longer required to make complex streaming applications work. They can now be executed in a few lines of code, with Quix providing the necessary infrastructure and APIs out of the box.

Quix’s early adopters include McLaren and the NHS
Founded on March 20 by the McLaren engineers behind the systems used by most F1 teams to gain competitive advantage from their live data operations. Quix has since been adopted by organizations across a variety of industries including automotive, industrial, healthcare, wearable, content, gaming, and finance.

Project A Ventures led the round with Passion Capital and strategic angel investors Frank Sagnier (CEO, Codemasters) and Ian Hogarth (Co-Author, State of AI Report).

Sam Cash of Project A Ventures said, “Data streaming is the next paradigm in data architecture as end-users accelerate demand for live, on-demand and personalized applications. The Quix team is leading this market by providing access to Democratizes data streaming infrastructure that was previously the reserve of the largest companies. “

Malin posers, Partner at Passion Capital, commented: “Today’s world generates unimaginable amounts of data from digital and physical activity. Companies of all types and sizes want to use their data in real time to be competitive. We look forward to supporting the Quix team on their Way to Empower the Streaming Revolution. “

Press contact: [email protected]

Related images
quix-team.jpg
Quix team
Quix team

SOURCE Quix


Quix secures $ 3.2 million seed funding to launch its streaming analytics platform

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