Levyx
Levyx brings the benefits of high-speed data processing to the masses through advanced proprietary software architecture.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
$5.4m | Series A | ||
| Total Funding | 000k | ||
Levyx operates in the big data analytics market, focusing on providing high-performance, low-latency solutions tailored for the financial services industry. The company’s core product, Xenon, is an accelerated computing platform that enhances the performance of data processing tasks such as backtesting and risk analysis. Levyx’s technology is designed to work seamlessly with existing big data frameworks like Apache Spark, offering performance improvements of up to 10 times over conventional methods. The company serves enterprise clients who require rapid data ingestion and real-time analytics, particularly in financial markets where microseconds matter. Levyx’s business model revolves around selling software licenses and providing enterprise support services, generating revenue through subscription fees and professional services. The company’s innovative approach leverages a lockless architecture that scales with the number of threads, ensuring superior performance metrics in terms of run time, latency, and host write amplification.
Keywords: big data, analytics, financial services, high-performance, low-latency, Apache Spark, real-time, backtesting, risk analysis, enterprise.