Data firm Clavis reports €6m loss

The company has raised almost €40 million in funding

Garry Morone

Clavis Technologies, the Dublin-based data analytics company, made a €6 million loss last year, newly filed accounts show.

The company, which has raised almost €40 million in funding, said in its financial statement for the year ended December 31, 2015 that as the company is in a growth phase, it is continuing to invest in its service offering to develop further revenues.

In 2015, Clavis secured a $20 million investment through a funding ...