import•io has raised GBP600,000 (USD900,000) from Wellington Partners, Alta Vista founder Louis Monier, and long-time French technology investor Emmanuel Javal to help expand and develop its “big data” platform.
import•io turns the web into a database, releasing the vast potential of the data trapped within the web. It lets companies, developers and coders extract, connect and fuse disparate sources of data from the web to let them build and create powerful new data sets and applications.
“We believe that the Web is full of useful data, but the reality stands: the Web was designed for documents, not data. At import•io, we want to allow anyone to harness this trapped data. We democratize access to it by making it simple to turn Web sites into data sources, and to fuse them to create incredibly rich new data sets in a single real-time, virtual database that can be easily and consistently accessed,” says David White, chief executive of import•io.
Eric Archambeau, general partner at Wellington Partners, says: “Big data is a powerful trend that if properly harnessed has the potential to create numerous useful applications for both businesses and consumers. We are pleased to have led the investment in import•io. Given the founders’ previous experience in implementing and growing a successful business intelligence data tool that continues to be used today in some of the largest financial institutions, we believe they are well-suited to execute their goal of providing a simple yet powerful way to tap the data needed to help businesses and developers create data-rich applications.”
Monier says: “I am very excited to be associated with the team at import•io. Their technology turns the common, unglamorous and time-consuming task of gathering data into a simple, almost fun, exercise. Anyone who can use a spreadsheet can now collect and combine data from multiple sources and have it available through an API. Their technology is set to revolutionize data collection for companies of all sizes.”
