AAA Guavus records Pipeline deal

Guavus records Pipeline deal

Guavus, a US–based provider of provider of big data analytics services backed by chip maker Intel’s corporate venturing unit, has acquired Pipeline, a provider of internet protocol detailed records collection and analysis, from Applied Broadband for an undisclosed amount.

Guavus has raised at least $79m.

In April, it extended its series D round by $9m by adding investment bank Goldman Sachs and venture capital firm TransLink Capital as investors in its syndicate.

In January, Guavus raised $30m in its series D round from a consortium including Intel Capital, the corporate venturing unit of the eponymous chip maker.

Alongside Intel Capital in the D round were Sweden-listed venture group Investor Growth Capital, which led the round, and peers QuestMark Partners, Artiman Ventures and Sofinnova Ventures.

QuestMark, Artiman and Sofinnova previously invested in Guavus’ $15m C round in July and $25m B round to enable the real-time analytics firm to further its work with sensor-based technologies.

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