2 years ago
DiffusionData Secures £1 Million Funding for Data Streaming Solutions
DiffusionData, a data provider platform based in Reading, UK, has secured £1 million in funding from The North East Development Capital Fund
The company will use the investment for product development
DiffusionData provides real-time data streaming and messaging solutions that reduce network bandwidth requirements, allowing customers to expand their businesses
Its Diffusion Intelligent Data Platform consumes raw data in any size, format, or velocity, enriches the data in-flight, and distributes the data in real time reliably and at scale with secure, fine-grained, role-based access control.
ProblemTechnology
"Businesses struggle to manage and process large amounts of data in real-time, leading to high bandwidth costs, slow application development, and difficulty in providing personalized experiences."
Solution
"DiffusionData offers a real-time data streaming and messaging platform that reduces bandwidth requirements, simplifies application development, and enables hyper-personalized data delivery at scale."