Secured funding
Data transformation firm VelociData has raised USD10m in a round led by Motorola CEO Christopher Galvin, with participation from founding investor Bush O’Donnell and NewSpring Growth Capital. The Missouri-based firm develops technology for handling high volumes of data and data-related processes in real time.
“Any C-level executive leading a global enterprise will tell you that, in today’s hyper-dynamic and hyper-competitive markets, success depends more and more on giving decision-makers fast access to information that is complete, accurate and timely,” said Galvin.
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