Led by CEO Grethe Brown, DiffusionData offers the Diffusion Intelligent Data Platform, a real-time data streaming and messaging solution designed to reduce network bandwidth requirements and enable customer growth. The platform consumes raw data of any size, format, or velocity, enriches data in-flight, and distributes it reliably and at scale with secure, fine-grained role-based access control. It is purpose-built to simplify and accelerate data-driven, real-time application development, reduce operational costs, and deliver hyper-personalized data at Internet scale. Diffusion is available on-premise, in-the-cloud, or in hybrid configurations to meet specific business, regulatory, and infrastructure needs. Leading brands across financial services, transportation, energy, retail, healthcare, eGaming, and IoT use the platform to drive engagement, fuel revenue growth, and streamline operations. The company raised £1M from The North East Development Capital Fund and intends to use the proceeds for product development. Push Technology is a provider of real-time data streaming and messaging solutions with offices in Los Gatos, California, and Belfast, Northern Ireland. Led by CEO Sean Bowen, the company offers Diffusion, a real-time API management platform that delivers centralized data management, optimization, and integration to simplify application development and reduce infrastructure requirements. Diffusion supports on-premise, cloud, and hybrid deployments and is used by customers across financial services, transportation, energy, retail, healthcare, eGaming, and IoT industries. The company positions its platform for mission-critical business applications worldwide to speed time-to-market, accelerate revenue growth, and improve customer engagement and operations. Push intends to use the new funding to expand sales and marketing and to broaden and accelerate product development. Push Technology builds the Diffusion platform to optimize delivery of real-time data to web and mobile clients across varied networks and devices. The company recently launched Diffusion 5.0, which adds a unified API, enhanced performance, high availability and easier integration with enterprise assets. Push serves sectors including e-gaming, financial services, telecommunications, healthcare, media and transportation, with customers such as Betfair, Lloyds Bank and William Hill. A third of Push Technology’s new business has come from its New York City office this year, and the company is expanding its U.S. presence with a new West Coast office and U.S. headquarters in San Jose. The expansion will be supported by new staff amid a 30% global workforce increase and aims to grow Push’s North American customer base and product integrations with strategic U.S. partners, including IBM. Push positions Diffusion to address demand from IoT, M2M, OTT services and wearable-device use cases requiring always-on connectivity.

Total raised

$19M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2023