The image rich visualisation and analytics company Zegami has raised £2.3m in Series A funding to develop a cloud-based version of its image search platform and take it to the consumer market.
Zegami allows people to explore large image collections in a way that turns masses of information into usable insight and knowledge. The flexibility of the core technology platform lends itself to managing any image rich data set, from family photo collections to scientific image libraries in a powerful and intuitive way.
The Oxford University spinout was founded in 2016 and has seen its platform being used in several commercial verticals and academic disciplines. It has been working with the Sussex Innovation team in Croydon to gather market insight around potential future applications for the technology, and build marketing and branding collateral for these new audiences.
"The investment marks a significant step forward for the company," said CEO, Samuel Conway. "It enables us to grow our team and marketing efforts as we move the software to the cloud to make it more accessible to everyone."
The Zegami platform was initially designed as a research tool to aid with the analysis and management of a large portfolio of microscopy images. The platform has since been employed as a collection management search tool in museums and galleries, with a representative of the Bodleian Library praising it as an "exciting, cutting-edge" way to index and present their collection.
Other clients include universities and research institutions from around the world, and recent corporate interest has led to the platform's development as an analytics tool for human resources, asset management, and even as a sports analytics platform.
The latest funding round was led by returning investor Oxford Sciences Innovation, and included Parkwalk Advisors. Alongside the funding, Zegami has also appointed Adam Whittaker as Chief Financial Officer, who was formerly CFO of one of Oxford's most successful spinouts in NaturalMotion, and Gary Flake, former Head of Microsoft Live Labs and creator of the Microsoft pivot concept, as a business advisor.