Series A Funds for Quix Data Engineering Platform

November 15, 2022

Event data engineering platform Quix has raised $12.9M in Series A funding round, which it will use to grow its team and accelerate investments in products, partnerships , community and open source initiatives.

London-based Quix was founded by four former McLaren F1 engineers, with the aim of making streaming data accessible to Python professionals and enabling developers to build, test and deploy applications and services in real time. directly on the Apache Kafka platform. The Company’s Stream SDK supports time series data, events and metadata, and its platform is used by developers in gaming, media, manufacturing, automotive and mobile industries. telecommunications.

The company’s founders say the increasing digitization of business processes and consumer products has left businesses inundated with data – with more than 2.5 quintillion bytes created every day. Quix aims to solve this business challenge: process data in real time to derive actionable insights.

The new funding was led by MMC Ventures, with participation from existing investors Project A Ventures and Passion Capital. Quix co-founder Mike Rosam (pictured) says the money will ‘fuel’ [the company’s] mission to simplify event-driven data engineering so that more companies can build modern data-intensive applications.” He adds: “We are recruiting in the product and market teams to accelerate our journey”.

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All articles 2006-22 written and edited by Mel Crowther and/or Nick Thomas, unless otherwise noted.