Data Beaming Startup Equalum Raises $18 Million

Data-beaming startup Equalum Ltd. announced Wednesday the completion of an $18 million investment round. The round was led by Planven Investments and participated by United Ventures, and existing investors Innovation Endeavors and GE Ventures. This round brings Equalum’s total funds raised to date to $25 million. Founded in 2015, Equalum develops a platform designed to teleport operational data from multiple sources in real-time throughout different systems and applications within an organization.