EQT Ventures invests in Unomaly
The EQT Ventures Fund (“EQT Ventures”) has invested in Unomaly. Unomaly, based in Stockholm, was founded in 2012 and helps companies avoid IT-incidents by automatically analyzing all the data their IT-systems produce. Smart algorithms continuously learns the baseline patterns of normal IT operation, and alerts if anything starts behaving out of the normal. By doing so, customers can avoid IT crashes, problems and breaches and fix the cause before the problems arise, instead of after.
Current customers span 11 countries and include 2/4 Scandinavian consumer banks, nuclear power plants and a broad set of Internet companies. Unomaly will leverage the funds to further strengthen sales and engineering operations.
EQT Ventures leads the EUR 4 million A-round in Unomaly, which follows a EUR 1.9 million in seed funding in 2013.