Brytlyt announces Series A funding round

Data analytics and visualisation technology provider, Brytlyt, has raised $4 million in Series A funding from Amadeus Capital Partners and Finch Capital.

The company, which was founded in 2013, will use the cash to boost its sales operation, enter new markets and grow its engineering team. It has now raised $6 million in total funding.

Brytlyt’s founder and CEO, Richard Heyns, says: “We are incredibly excited to gain support from Amadeus and Finch for the next phase of our company's growth. Analytics and data are growing exponentially and it’s clear the future of processing must lie in GPUs, with their enhanced capacity for data crunching and deep learning.

Andrei Dvornic, Investment Manager, Finch Capital, comments: “Brytlyt is enabling companies to leverage machine learning and big data analytics at great scale in order to solve the world's hardest problems. Richard and the team are talented tech developers and we are delighted to join them on their journey."