Goodwin Procter LLP advised Brytlyt Limited.
Brytlyt, provider of the world’s fastest data analytics and visualisation technology, has raised £3.2 million in Series A funding from global technology investor Amadeus Capital Partners and Finch Capital.
Brytlyt uses its patent-pending software and artificial intelligence (AI), combined with GPUs, to derive insights 1,000 times faster than legacy systems. It is the only company to combine AI and open source relational database PostgreSQL for GPU-powered data analytics.
Brytlyt will use the new funding to build a strong sales operation, enter new markets and grow its world-class engineering team.
Brytlyt, founded in London in 2013, helps the world’s largest telcos, retailers and financial institutions to make sense of their data through analysis and visualisation technology. Brytlyt is the only GPU database working with patent-pending software built on PostgreSQL for high performance, high speed, high quality visual analytics.
Amadeus Capital Partners is a global technology investor.
The Goodwin team was led by Sophie McGrath (Picture), Roshni Thakkar, Michael Grainger, Zena Hadjiargyrou, Gretchen Scott, Ruth Fisher, Luke Nauth and Nadim Islam.
Involved fees earner: Ruth Fisher – Goodwin Procter; Michael Grainger – Goodwin Procter; Nadim Islam – Goodwin Procter; Sophie McGrath – Goodwin Procter; Gretchen Scott – Goodwin Procter; Roshni Thakkar – Goodwin Procter;
Law Firms: Goodwin Procter;
Clients: Brytlyt Limited;