Company Will Use Funds to Expand Commercial Operations for the Data Preparation, Blending, and Streaming Market
eyko, a data preparation, blending, and streaming platform, announces it has closed a $2.5 million Series Seed financing round led by InReach Ventures and Barry Maloney’s investment vehicle Taggia Investments.
eyko is a SaaS platform that enables business users to connect to any system, blend, enrich and transform data, and stream it to their favorite applications. eyko moves the technical tasks usually performed by IT to non-technical business users.
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“We saw the emergence of data fragmentation as more and more companies began to shift critical business systems to the Cloud. Business data was no longer in one system but spread across a growing array of standalone systems and platforms,” said Paul Yarwood, CEO and co-founder of eyko, Inc. “Data is everywhere and pulling it back together is difficult.”
eyko utilizes modern cloud architecture to provide rapid data preparation and blending automation for streaming data to other users and tools. The enabling technology behind eyko is concentrated in data integration, preparation, and transformation, resulting in the ability to stream blended data from anywhere to anywhere.
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Roberto Bonanzinga, a co-founder of InReach Ventures said, “We have been very impressed by Paul, his team, and their deep expertise in the data space. We are excited to help eyko unleash the potential of business end-users to manipulate and use data as never before.”
The new funding will expand commercial operations for the data preparation, blending, and streaming market—focusing on scaling new strategic partnerships and customer relationships.