Latvian ZoomCharts receive a follow-on EUR 500,000 from Imprimatur
Summary
It can be used to analyse networks of users, display product catalogues and tell stories.’ The story of ZoomCharts itself started three years ago with an idea coming from Gints Ernestsons teaming up with Viesturs Zarins, who at that time was working on an research project between Latvian University and Tom Soyer Institute in California. They decided to implement the idea of exploratory data visualisation together with Edgars Smirnovs and Janis Volbergs who had the required experience in design and IT business development respectively. ‘Their dynamic graph products empower developers to enable their customers to intuitively drill down and explore live data in real time and on touch-screen devices. The revenues have been growing steadily since the soft launch in March ’14 and the tool now boasts more that 40 enterprise customers and 3-4 daily free trial downloads of their solution worldwide. the follow-on funding of EUR 500,000 will be used to expand the team, open an office in Delaware, US, finish technology patenting process and market ZoomCharts in the US and Western Europe, where they currently have the most customers.
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