The funding, which amounts to $1,8M will expand SpazioDati’s technology team and improve the capacity of its Knowledge Graph APIs and Semantic Text analysis APIs––both technologies available on SpazioDati’s data marketplace, dandelion.eu
Pietro Masera and Marco Nespolo, respectively head of Corporate Development and General Manager & Chief Operating Officer at Cerved, will join SpazioDati’s board of directors.“We are extremely excited to have Cerved Group as our partner and investor. Today creative developers and small IT companies face the challenge of accessing business information. This barrier limits their potential to disrupt the market and offer innovative solutions. Together with Cerved, we can now reverse this trend” said Michele Barbera, CEO of SpazioDati.
“Our investment in SpazioDati is highly strategic. SpazioDati stateoftheart semantic and big data technology, together with Cerved expertise and data, opens up unprecedented opportunities to deliver innovative products and services to the customers. On our side, the access to valuable external data sources and SpazioDati’s semantic engine unlock value in different areas of our existing business” said Gianandrea De Bernardis, CEO of Cerved Group.
Founded in 2012, SpazioDati has developed a Semantic Knowledge Graph that contains millions of facts collected by aggregating Open Data from multiple sources and private data provided by its data partners. The Knowledge Graph powers SpazioDati’s data APIs and its text analytics APIs, which are available for developers via SpazioDati’s data marketplace dandelion.eu
SpazioDati’s APIs are used by its clients to enhance their products in several sectors including social media monitoring, healthcare, security, travel, and finance. Supported by the Trento node of the European Institute of Technology, last year the company announced a $450,000 seed round from Trento Rise, Trentino Sviluppo and the Chamber of Commerce of Pisa.
SpazioDati is a Big Data & Semantic Web company. Its main product, dandelion.eu, enables users to analyze and enrich their content by connecting it with dandelion’s Knowledge Graph. SpazioDati’s Graph counts millions of facts, which are collected by combining Open Data sources with proprietary, highquality data provided by SpazioDati’s partners. http://spaziodati.eu/
About Cerved Group S.p.A.
Formed in September 2009, Cerved Group has now become the Italian leader in the field of business information. Among its services, Cerved is specialized in the analysis and distribution of company-based information ranging from commercial to financial and legal data and it offers the most complete and dependable range of business information services available on the market.
Image: Courtesy SpazioDati