Quix, a London, UK-based provider of a managed platform for building and running event-driven data applications, raised £11M in Series A funding.
The round was led by MMC Ventures, with participation from Project A Ventures and Passion Capital.
The company intends to use the funds to grow its team to accelerate investments in product, partnerships, community and open-source initiatives.
Led by Mike Rosam, Quix has developed a scalable platform that solves the business challenge of processing data in real-time to derive actionable insights. It empowers organisations to build data apps rapidly by providing dev teams with the tools, infrastructure, and integrations, and avoid the time cost of building data infrastructure in-house.