‘Turbobit’ to earn $1.9 billion by 2021
The new startup that specializes in collecting and analyzing data from the internet is about to earn a $1 billion dollar investment from its investors, but the investment comes with a major caveat.
Turboboit says it is not only looking for funding from the government, but from investors that will help it make its data collection and analysis a reality.
The startup says it will use the funds to hire and train more employees, develop new product and create more content for the internet.
The new venture has already made history with a $30 million investment from the federal government in 2018.
This time around, it is also looking for investors that would be willing to fund the startup to grow and grow.
It says it needs to raise $30M to make the startup a reality in 2021.
For more on the future of big data, check out Fortune’s special section.