Apr 15, 2021
Maven VCTs invests in big data analytics specialist Cardinality, a software and service provider
Maven Capital Partners, one of the UK’s most active investors in growth businesses, has today announced that it has invested £2.5 million in Cardinality Ltd, a software and service provider which has developed a data ingestion and analytics platform called ‘Perception’, that enables its customers to run, manage and derive value from datasets in real time and at massive scale.
Cardinality’s proprietary system utilises Artificial Intelligence and Machine Learning to enable its customers to address the growing challenges of analysing Big Data and extracting the hidden value in that data to provide powerful insights.
Demand for this technology is expected to continue to grow against a backdrop of data proliferation supported by digital transformations market wide, and the evolution of the cloud.
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