GeoSpock is a Cambridge, UK-based big data analysis company that builds an analytics database to fuse any-scale connected device, smart city, and IoT data. Its technology is designed to unlock next‑generation use cases by dynamically integrating diverse data sources. The company is led by CEO Richard Baker and Founder/CTO Dr. Steve Marsh. GeoSpock raised an additional $5.4M in strategic funding and intends to use the proceeds to accelerate development and adoption of its database. The financing brought the total capital raised to date to over $32M. Investors on the round include strategic and corporate backers such as NTT DOCOMO Ventures. GeoSpock develops a proprietary spatial big data platform and data engine that visualises and analyses extreme volumes of contextual, geospatial and temporal data in sub-second response times. The platform is designed to handle trillions of data points for interactive analytics. GeoSpock positions its technology as the processing engine for next-generation infrastructure including smart cities, the Internet of Everything (IoE), mobility applications and autonomous vehicle fleet management. The company intends to use recent funding to support international expansion and to build on rapidly developing client accounts. Leadership and advisory team changes, including the appointment of Pontus Noren to the board, accompany the company’s growth plans. GeoSpock was conceived by Dr Steve Marsh at Cambridge University and was founded as a business in 2013. GeoSpock provides an extreme-scale spatial big data platform that visualises and analyses trillions of geospatial and temporal data points in sub-second response times via cloud-based services such as infin8, illumin8, and extrapol8. Its core product powers analytics, insight, and predictions across space and time for use cases including smart cities, the Internet of Everything, future mobility and autonomous vehicle fleet management, serving automotive, telecoms, mobility, marine, media, and retail sectors. Founded as a business in 2013 and conceived at Cambridge University, GeoSpock is based in Cambridge, England. The company said the additional £10 million funding will support rapid international expansion into strategic markets such as Singapore and Japan and enable continued investment in research and development, particularly in machine learning and data science. The round increases GeoSpock's total funding to date to £19.25 million and forms part of a Series A+. Management plans to use the investment to develop key client accounts and grow global commercial and engineering teams. GeoSpock builds a data integration platform that visualises large amounts of contextual data in milliseconds. The platform integrates and correlates information from a wide variety of data sources at a moment’s notice. It is used by customers across mobility, smart city, ad tech, financial services, telematics, and telco sectors. The company is led by CEO Richard Baker and Founder/CTO Dr Steve Marsh. GeoSpock raised additional capital in a Series A close and has now raised $13.2M in total to date. The product focus is on fast, spatiotemporal analytics and prediction for enterprise customers. GeoSpock is a Cambridge, UK provider of geospatial database technology that leverages knowledge of how brains store, manage and retrieve information to index and query location-tagged data. Its first product is a cloud-based database service with an API designed for all location-tagged information and able to handle enormous datasets and massive concurrent load. The company positions the product for Internet of Things (IoT) use cases. GeoSpock intends to use the funds from the Series A round to bring its first product to market. Leadership includes CEO Steve Marsh and co-founder/chairman Darrin M. Disley. Victor Christou of Cambridge Innovation Capital joined GeoSpock’s board as a non-executive director in conjunction with the raise.

Total raised

$34M

Funding rounds

7

Latest round

Equity

Latest activity

Oct 2020