MultiTaction raises 7 mln euros

Finnish startup MultiTaction, a provider of advanced visualisation solutions, has raised an additional 7 million euros from Harbert European Growth Capital Fund (HEGCF) to further accelerate growth of its MT Canvus software platform for real-time collaboration and big data analytics.

MultiTaction is a technology company providing a software led visualisation solution that offers organisations a unique capability for deriving real-time insight to big data.

The startup said the investment will play a key role in fuelling an accelerated growth strategy for MultiTaction with particular emphasis on markets in Asia, Germany and the UK. “Current investments in research and development will be expanded in order to speed time to market on new software developments along with market entry into key verticals such as medical technology and security,” it said.

The solution is used by organisations globally in more than 50 countries and leveraged by some of the world’s leading corporate brands to gain operational insights from their big data investments through collaborative analytics; to engage clients by showcasing their solutions through an interactive platform and to increase productivity through socialising and educating staff on new operations, processes and products.