Data intelligence start-up KIVU Technologies raises EUR 1.8m

KIVU Technologies, provider of scalable software for network analysis in the security industry, has completed a seed funding round of EUR 1.8m ahead of its official market launch. aws Gr?nderfonds and btov Partners led the financing round with the participation of APEX Ventures. In addition, Ewald Hesse (angel investor) and Louis Curran (macro investor) are backing the start-up. KIVU Technologies plans to bring its product to market in the upcoming months. 

  • 6 years ago Posted in
The company was established in Vienna in 2016 by Robert Wesley, Jan van Oort and Christian Weichselbaum. The multidisciplinary team of ten consists of engineers, developers, data scientists, analysts and security professionals.
 
Saving precious resources by managing data with artificial intelligence
 
KIVU Technologies uses artificial intelligence (AI) and machine learning to change the nature of data intelligence. In an increasingly connected world, existing technologies are inadequate to handle vast quantities of data. KIVU’s software is designed to assist analysts in narrowing down their data and connections to relevant, manageable networks, enabling them to focus on pertinent content and behaviour.  
 
KIVU’s software is scalable to ingest any amount and any type of data, enabling analysts to understand their data 200x faster than with existing technology and make decisions 10x faster. The software can immediately portray any data as a network, allowing analysts to answer time-critical questions quickly and efficiently.
Robert Wesley, CEO and Founder of KIVU Technologies, said: “We are thrilled to have secured such a significant vote of confidence in KIVU’s proposition from well-respected investors. KIVU is committed to revolutionising the data intelligence market with our novel graph computing platform. With our ability to represent any information as a network, we will enable customers to extract vital information and connections from their own networks. Our software allows analysts to find immediate answers without drowning in data, saving them valuable time and resources.”
Stefan Haubner, Founder and Managing Partner at APEX Ventures, said: “KIVU fulfils every criterion that we are looking for in an investment. It has a unique technology, an outstanding and dedicated team and a product that will disrupt the whole market of intelligence. We are looking forward to supporting Robert and his team in their vision of making the world a safer place.”
Benedikt Kronberger, Partner at btov Partners, observed: “We were very impressed by the way the KIVU team tackles pressing real-world problems, such as the prevention of online radicalization, with an innovative, high-performance software solution. The transferability of the system to various economic sectors holds great potential and we look forward to supporting the team on this exciting path.”
Ralf Kunzmann, Managing Director of aws Gr?nderfonds commented: “With the investment in KIVU, we are expanding our technology portfolio with a solution that saves security analysts essential time in their daily challenge for keeping us all safe. We decided to support KIVU from such an early stage, as we are convinced KIVU will contribute significantly to the future of data intelligence.”
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