Zegami, a startup backed by Oxford University seeks to raise $10 million
Australia based startup Zegami, is a data discovery toolset that aims to bring revolution in the way companies manage visual data. It has developed software which allows one to view 60,000 documents in a single view.
Samuel Conway and Roger Nobel are Adelaide based tech entrepreneurs, who have developed big visualization software for Oxford University. Zegami, the brainchild of these tech entrepreneurs is seeking to raise funds up to $10 million to fast-track sales of the software. It has already acquired $1 million in seed funding from Oxford University and other popular British entrepreneurs, in January this year.
Zegami intends to simplify the process of documents exploration in the businesses. Its software enables display of up to 60,000 documents in a single view with facilities of advanced search tools which includes searching for a particular images or 3D objects.
Zegami team had worked with Oxford University for about a year before they suggested the formation of a spin-out company with them. After clashes for 14 months between the University and the startup team over ownership of the intellectual property, the founders got 25% of stakes each and remaining 50% were split between the University and Steve Taylor, Oxford University’s head of computational biology.
The startup is currently operational in Australia and Britain, but is planning to expand soon in the countries of Singapore and US. It is seeking investment from both Australian and British Venture capitalist.
- Samuel Conway and Roger Nobel, founders of Zegami have developed big visualization software for Oxford University.
- Zegami intends to simplify the process of documents exploration in the businesses.
- The startup is currently operational in Australia and Britain, but is planning to expand soon in the countries of Singapore and US.