Data company gets RM4mil boost


Katsana founders Syed Ahmad Fuqaha (left) and Irwan Ibrahim.

PIXELATED Sdn Bhd, a local data company that focuses on usage-based insurance and connected cars, has secured RM4mil in funding from Axiata Digital Innovation Fund (ADIF).

The money, managed by Intres Capital Partners, will be used to support the development and commercialisation of the company’s current telematics (information technology that deals with the long-distance transmission of computerised information) business and Katsana Insight, an API-centric (application programming interface) big data analytic platform for motor insurers and auto manufacturers.

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