Barac

Empower your business with real-time decision-making, leveraging robust analytics to combine diverse data sources and stay ahead of fraud effectively.

General Information
Company Name
Barac
Founded Year
2016
Location (Offices)
+2
Founders / Decision Makers
Number of Employees
51-200
Industries
Analytics, Big Data, Cyber Security +1
Funding Stage
Seed
Social Media

Barac - Company Profile

Barac, founded in 2016, is an advanced streaming analytics platform that offers businesses the ability to make real-time decisions. The company's slogan, "Empower your business with real-time decision-making, leveraging robust analytics to combine diverse data sources and stay ahead of fraud effectively," encapsulates its core mission. Barac's focus on Analytics, Big Data, Cyber Security, and Information Technology reflects the high-growth potential of these sectors. The latest investment, a Seed Round investment in 06 December 2018, came from NCSC Cyber Accelerator, signifying confidence in Barac's innovative approach to data analytics and cyber-fraud prevention. The company's unique value proposition lies in its ability to assist businesses, especially those in telecom and financial sectors, in combatting fraud in real-time. This distinguishes Barac from traditional methods that are often ineffective after 24-48 hours. By leveraging real-time data from diverse sources and applying robust analytics, the platform enables businesses to predict and refine models daily. In conclusion, Barac's innovative approach, emphasis on real-time decision-making, and its niche in combating fraud make it an attractive investment opportunity for venture capitalists looking to tap into the high-growth analytics and cybersecurity sectors.

Taxonomy: Real-time Decision-making, Streaming Analytics, Fraud Detection, Cyber Security, Threat Intelligence, Encryption, Data Privacy, Ransomware

Funding Rounds & Investors of Barac (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round Unknown 1 06 Dec 2018
Seed Round Unknown 1 27 Jan 2017

Latest News of Barac

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No recent news or press coverage available for Barac.

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