Barcelona-based Qbeast secures €2.5 million to simplify data lakes

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Summary

Barcelona-based Qbeast has just secured a fresh pool of €2.5 million for its solution making data lakes faster, cheaper and simpler. A spin-off from the Barcelona Supercomputing Center – Centro Nacional de Supercomputación (BSC-CNS), Qbeast wants to make it easier to manage so-called data lakes, helping teams to better predict and optimize. • New investors s Sabadell Venture Capital and Uber Founding CTO Oscar Salazar and existing investor Inveready also participated Founded in 2020, Qbeast was launched by Cesare Cugnasco, Pol Santamaria, Paola Pardo, Clemens Jesche, and Nicolas Escartin with the aim of aligning flexibility and efficiency in data analytics. The new funding will enable the team to accelerate go-to-market by filling key commercial positions and further investing in product development, technology, and partnerships. The founders are on a mission to reduce the friction that prevents hundreds of thousands of companies from efficiently leveraging data lakes because of their perceived complexity.

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