Vizzu funding news – Data Storytelling Startup Vizzu Secures $1.5 Million in Funding
Jun 27, 2024 | By Startup Rise EU
![Hungary-based data storytelling startup Vizzu has secures $1.5 million in funding and is beta-launching its animated data storytelling tool. Users can instantly turn their data into animated stories using this cinematic application. Users can now easily explore this new storytelling style that was previously only accessible to highly skilled data visualisation specialists.](https://startuprise.co.uk/wp-content/uploads/2024/06/Data-Storytelling-Startup-Vizzu-Secures-1.5-Million-in-Funding.webp)
Hungary-based data storytelling startup Vizzu has secures $1.5 million in funding and is beta-launching its animated data storytelling tool. Users can instantly turn their data into animated stories using this cinematic application. Users can now easily explore this new storytelling style that was previously only accessible to highly skilled data visualisation specialists.
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Two Sigma Ventures and Interactive Venture Partners Fund, which is supported by Thomas Peterffy's family office, the founder and chairman of Interactive Brokers Group Inc., participated in the investment round.
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Peter Vidos, CEO and Co-Founder of Vizzu shared: “This funding and the beta launch of our tool are the result of our team’s relentless effort and vision and the start of the next step in our exciting journey. We look forward to refining our product based on user feedback and embedding AI-enabled functions to democratise data storytelling further.”
Matt Greenwood, Chief Innovation Officer and Head of Investment Management Engineering at Two Sigma, said: “At Two Sigma, data fuels our investment insights, and effectively communicating data-driven hypotheses and research to diverse stakeholders is essential. Vizzu’s innovative data visualisation approach fosters a shared understanding, and we will continue to leverage their open source solutions internally.”
With the funds secured, Vizzu has added 15 highly skilled technical and product personnel to its team. The group has integrated an intuitive SaaS platform with its animated charting engine, which was previously exclusive to engineers and data scientists.
About Vizzu
Vizzu develop a cinematic data visualization tool that turns your data into memorable animated presentations. Their passion is to enable everyone to better connect with their data.
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