Friday 21 July 2023

Prospective Raises US$6 Mln in Seed Funding

KUALA LUMPUR, July 20 (Bernama) -- Prospective, an interactive analytics and data visualisation tool for large and streaming datasets, announced it has raised US$6 million in Seed funding, with the round led by Point72 Ventures. (US$1=RM4.55)

According to Prospective in a statement, the round includes participation from Silicon Badia, Irregular Expressions, Essence Ventures, Giant Machines and REFASHIOND Ventures.

Traditionally, organisations have struggled to efficiently access and analyse the data necessary for their use cases due to limitations in readily accessible processing power and difficulty in publishing insights.

Recognising this pain point, Prospective has built an interactive tool to facilitate seamless data access, analysis and sharing.

With Prospective, users gain intuitive and efficient access to both large and streaming datasets, enabling them to unlock valuable insights in real-time, directly through a user-friendly web browser interface.

By streamlining the data retrieval and operationalisation processes, Prospective empowers builders, consumers and analysts to derive actionable insights that were previously inaccessible.

With the rise of Large Language Models, the gap between model outputs and human understanding is widening. Prospective helps bridge this gap by enabling customers to derive and convey insights in an intuitive way.

Founded by Andrew Stein and Eric Schmalzbauer, Prospective is the enterprise version of the popular open-source data and analytics project, Perspective. Parallel to announcing its Seed funding round, Prospective is also launching a private beta for a limited number of firms.

-- BERNAMA

No comments:

Post a Comment