Arcion, Formerly Blitzz, Secures $13M Series A To Transform Data Infrastructure

Funding Rounds

Summary

View the full release here: https://www.businesswire.com/news/home/20220217005345/en/ In a world where the cloud accelerates business growth through scalable and resilient infrastructure, most enterprises find themselves blocked by traditional databases that severely hinder their ability to derive value from real-time data. "Built by database experts, Arcion has solved a remarkably difficult problem that all enterprises struggle with: moving large amounts of data in real time. Arcion’s technology will be an essential and valuable part for businesses building analytics and operational models to remain competitive," said Dadi. This lack of access always resulted in apps that generated limited business value, brittle data pipes, broken applications, and countless missed opportunities," said Hagmueller. Customers from different industries, such as financial services, consumer electronics, security, telecommunication, food delivery, etc., use Arcion for everything from up-to-the-minute inventory management, consolidating data from thousands of heterogeneous database instances, to real-time fraud detection and AI/ML workflows to help them gain meaningful competitive advantages.

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Amount $13.0M Total raised
Date February 17, 2022 Announcement date
Investors - Lead investors
Company https://www.arcion.io Funded company

Classifications

industries
Telecommunications
applications
Web and Content Management

AskAI Classifications

Labels
SaaS CRM Software Marketing Automation Software

Linked Companies

HubSpot, Inc.
$1M to $5M
oneforty
up to $1M
Arcion
$1M to $5M