Lucata: Raises $11.9M in Series B Funding
- Lucata, a US graph analytics platform provider, raised $11.9M in Series B funding
- The round was led by Notre Dame with participation from Middleburg Capital Development, Blu Ventures, Hunt Holdings, Maulick Capital, SGI and Varian Capital
- The company intends to use the funds to accelerate growth, expand operations and its business reach
- Led by Michael Mallick, The company provides a new computer architecture that enables organizations to accelerate and scale graph analytics
- The company leverages patented migrating thread technology to massively scale unified memory and conduct high performance, multi-hop analytics
- The company has offices in Palo Alto, New York City, and South Bend, Ind
