MultiTaction raises EUR 7 million
MultiTaction has received 7 million euros in funding from the Harbert European Growth Capital Fund, which it will use to help fuel its growth and also towards its MT Canvus software platform.
MultiTaction, the Finnish provider of advanced visualisation solutions is a fast growing business with a Compound Annual Growth Rate (CAGR) of 50 per cent. It will use much of the funding for its MT Canvus software platform, which helps visualise big data and allows interaction with it as well.
The MT Canvus software can be used with MultiTaction’s interactive video wall technology and with other touch devices and is being used in more than 50 countries by some of the world’s leading corporate brands.
“According to leading industry analysts over 80 per cent of big data projects will fail next year and we believe that we have the solution to help organisations gain real-time insights from their big data,” Pete Malcolm, CEO of MultiTaction says. “Harbert’s investment will help us reach into new market segments and accelerate delivery of new software solutions. We are delighted to be working with Harbert.”
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