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Lucata: Raises $11.9M in Series B Funding

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
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