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Truviso raises $3 Million bridge round financing
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Truviso raises $3 Million bridge round financing
Bangalore: Truviso, which makes data analytics software, has raised $3 million bridge round of funding. The financing came from Diamondhead Ventures, Onset Ventures and UPS Strategic Enterprise Fund. Earlier, these firms have provided Truviso with $10 million, as reported by VentureBeat. With this round of funding, the company hopes to raise a third round of funding next year. Founded in 2005, Truviso provides instant analysis across multiple data sources through its real-time analytics software. Currently, the company has about 30 employees."Traditional business intelligence methods use an inefficient, sequential, batch approach - store the data first, then run queries for reporting and analysis. This is a Sisyphean task of pushing a large boulder up a hill even as the boulder is getting bigger, heavier, and more unwieldy," explains Sailesh Krishnamurthy, Vice President of Technology and Founder. Companies from different verticals like online advertising, streaming video, content delivery, and mobile providers depend on this analysis to maximize their revenue. With the algorithm of this software, Truviso helps these kind of companies to make the most of their content, command higher CPM, and provide live dashboards to their customers. Siliconindia has narrowed down the Truviso company https://www.siliconindia.com/magazine/articledesc.php?articleid=BLIV704423838" in the 'Top 10 most promising technology companies' section of Siliconindia magazine.

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