Visplore, the Vienna-based startup that offers a visual analysis software for time series data across all industries, has received EUR 1m from the btov Industrial Technologies Fund. The capital will be used to expand Visplores sales, marketing and development team to further accelerate its growth trajectory.
“Visplore enables subject matter experts such as process engineers with no or very limited programming skills, so-called Citizen Data Scientists, to quickly and interactively gain insights from large amounts of e.g. sensor data. This is particularly relevant because it is precisely this group of people who have special process knowledge in a company. Visplore was able to win several renowned customers in the first few months after its founding and, in our view, has a good chance of becoming a leading player in the field of high-performance industrial visual analytics software,” comments Benedikt Kronberger, who accompanied the investment at btov Partners.
Congratulations to Harald Piringer, Thomas Mühlbacher, the rest of the team and welcome to the portfolio!