Big Data startup Bonza clinches US$2m in latest pre-Series A funding round led by East Ventures

BIG Data analytics startup Bonza has raised US$2 million in a new pre-Series A funding round led by East Ventures, with participation from Elev8.vc.

This comes after its last seed round last year in which East Ventures also injected capital.

The fresh funds will be used to develop and improve its platform offerings to better support enterprises in deploying data and artificial intelligence (AI) solutions through a no-code platform.

Elsa Chandra, co-founder and chief executive officer of Bonza, said: "This investment will be a stepping stone for us to build a world-class engineering and data science team, accelerate our platform development and go-to-market expansion across South-east Asia."

Bonza serves digital-enabled companies and companies on their way to adopt cloud-based data for the first time. Bonza's platform can be used to integrate disparate data sources into one place, while also building and deploying machine learning models, said the company in a statement on Thursday.

Said Willson Cuaca, co-founder and managing partner of East Ventures: "The need to build scalable data infrastructure and capabilities is inevitable to all organisations. Bonza's no-code platform accelerates data analytics and AI implementation that enterprises need to stay competitive."