ZoomCharts Company Profile
Background
Overview
Founded in 2013, ZoomCharts is a data visualization software company headquartered in Riga, Latvia. The company specializes in creating interactive and dynamic data visualization tools that enable users to explore complex datasets intuitively. ZoomCharts' products are utilized across various industries, including IT, retail, automotive, finance, and government sectors.
Mission and Vision
ZoomCharts envisions a future where every individual in every organization can make data-driven decisions intuitively, quickly, and with joy. Their mission is to create data visualization solutions that help users explore data seamlessly through the combined use of vision and touch.
Key Strategic Focus
Core Objectives
ZoomCharts aims to revolutionize data exploration by providing tools that are intuitive, responsive, and enjoyable. Their focus is on enabling users to uncover hidden insights without limitations, thereby enhancing decision-making processes.
Areas of Specialization
The company specializes in developing interactive data visualization tools, including Drill Down Visuals for Microsoft Power BI and JavaScript Charts for software development. These products are designed to integrate seamlessly into various platforms, offering users a dynamic and engaging data exploration experience.
Key Technologies Utilized
ZoomCharts leverages advanced JavaScript and HTML5 technologies to create responsive and touch-enabled visualizations. Their proprietary multi-touch engine allows for smooth interactions across devices, enhancing the user experience.
Primary Markets Targeted
ZoomCharts serves a diverse range of industries, including IT, retail, automotive, finance, and government institutions. Their products are designed to meet the needs of organizations seeking advanced data visualization solutions to improve decision-making and data analysis processes.
Financials and Funding
Funding History
ZoomCharts has raised a total of approximately $1.32 million in funding over multiple rounds. In December 2014, the company secured $623,000 in an early-stage venture capital round. This was followed by a seed round in December 2015. The most recent funding was a later-stage venture capital round in March 2020.
Notable Investors
Imprimatur Capital is a notable investor in ZoomCharts, having participated in multiple funding rounds.
Utilization of Capital
The capital raised has been utilized to expand the team, open an office in Delaware, USA, complete the technology patenting process, and market ZoomCharts in the US and Western Europe, where they have a significant customer base.
Technological Platform and Innovation
Proprietary Technologies
ZoomCharts has developed a proprietary multi-touch engine that enables smooth and responsive interactions across various devices. This technology allows users to explore data through intuitive gestures, enhancing the overall user experience.
Significant Scientific Methods
The company employs advanced JavaScript and HTML5 technologies to create dynamic and interactive visualizations. Their tools are designed to handle large datasets efficiently, providing users with real-time data exploration capabilities.
Leadership Team
- Jānis Volbergs: Co-Founder, Co-Owner, and Chief Executive Officer. Jānis has been instrumental in steering ZoomCharts' strategic direction and growth.
- Viesturs Zariņš: Co-Founder and Chief Technology Officer. Viesturs leads the technological development and innovation at ZoomCharts.
- Edgars Smirnovs: Co-Founder and Lead of Product & Design. Edgars oversees product development and design, ensuring the delivery of user-centric solutions.
- Juris Birznieks: Chief Sales Officer and Supervisor of Sales. Juris manages the sales strategies and operations, driving revenue growth.
- Ivars Vertuls: Chief Financial Officer. Ivars is responsible for the financial planning and management of the company.
Competitor Profile
Market Insights and Dynamics
The data visualization market is highly competitive, with numerous players offering a range of solutions. The demand for interactive and user-friendly data visualization tools is growing, driven by the increasing importance of data-driven decision-making across industries.
Competitor Analysis
ZoomCharts faces competition from several companies in the data visualization space:
- Google Charts: Offers a wide variety of charts and is known for its ease of use and integration with other Google services.
- Qlik Sense: Provides self-service data visualization and discovery applications, emphasizing user-driven exploration.
- Tableau: A leading business intelligence tool known for its powerful data visualization capabilities and user-friendly interface.
- Looker: Offers a data exploration and discovery business intelligence platform, focusing on real-time data analytics.
- Sisense: Provides an end-to-end business analytics software that enables users to prepare and analyze complex data.
These competitors offer various features and cater to different market segments, posing challenges to ZoomCharts' market share.
