Brytlyt raises $5M in a Series A funding
Brytlyt, provider of the world’s fastest data analytics and visualisation technology, has raised a $5 million Series A extension from Albion Capital and existing investors Amadeus Capital Partners and Finch Capital. The new funding will be used to expand Brytlyt’s growth across Europe and USA with both recruitment and deployment of new products a key focus.
The investment marks the release of Brytlyt.io, a fully serverless deployment model for analytics and data science workloads. This unique capability comes at a time when the data analysis sector is forecast to be worth more than $75 billion by 2024, covering applications in AI and Business Intelligence (Morgan Stanley, 2021).
Read more in Silicon Canals here.