Isima emerges from stealth with $10 million to apply intelligence to real-time data
Summary
Isima today emerged from stealth with $10 million in funding to launch a data convergence platform called BiOS. But obstacles remain, with 40.3% of respondents to a Statista survey suggesting big data usage was held up by a lack of organizational agility. BiOS embeds software development kits (SDKs) within microservices, or systems that structure apps as collections of maintainable, testable, loosely coupled, and independently deployable services. Early adopters of the BiOS platform include PharmEasy, an Indian online pharmacy and medical supply store. Isima was founded in 2016 by Monish Suvarna, who previously headed product development and portfolio licensing at private equity firm Intellectual Ventures.
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