SpectX, a Tallinn, Estonia-based big data analytics startup, raised a funding round of undisclosed amount.
The round was led by Karma Ventures.
The company intends to use the funds for product development and growth.
Led by CEO Renee Trisberg, SpectX is developing an analytics software solution for rapid processing of unlimited amounts of data. The product – which enables handling of machine generated data in its original location rather than loading it into separate tools and databases for processing – is now used by technology enterprises and will be publicly launched in autumn 2017.