Walnut Creek, CA – According to filings with the U.S. Securities and Exchange Commission, Vantiq is raising $33,852,453.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Marty Sprinzen played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Vantiq

Vantiq is a software development and deployment platform that enables companies to digitize their business. Vantiq enables the rapid building of real-time event-based applications by hiding complexity, enabling applications to be built that might otherwise be too costly or risky. As important, Vantiq applications can be easily evolved as the business requirements and technologies inevitably changes. Vantiq applications are built independent of the physical deployment environment. Business logic is created without regard to where it will run. After an application is developed, Vantiq partitions the application and moves the appropriate logic to the appropriate nodes. This is true if there are ten or ten thousand nodes. The developers of the applications avoid dealing with low level middleware. During runtime, Vantiq moves the logic to the data or the data to the logic as needed.

To learn more about Vantiq, visit http://vantiq.com/

Contact:
Marty Sprinzen, Chief Executive Officer
303-902-4003
msprinzen@vantiq.com
https://www.linkedin.com/in/marty-sprinzen-b8158910a/

SOURCE: http://www.intelligence360.io
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