Software as a service (SaaS) startup Signalit has announced an equity investment co-led by global software investors Insight Partners and Kibo Ventures, representing a vote of confidence in the company’s strategy and leadership. With additional support from a diverse group of investors, Signalit has received a total of €11.6 million in funding. Across Legal advised Signalit on the transaction.
Signalit is a SaaS startup that enables companies to have full control over their data, including real-time data analysis and orchestration, value enhancement through enrichment and correlation activities, and cost optimisation through reducing unnecessary data and redirecting it to the optimal platform for additional analytics or storage, using Edge Computing.
Source: El Referente
