Brytlyt

About Brytlyt

Brytlyt is a technology company that developed a GPU-accelerated database, analytics, and visualization platform. Founded in 2013 by the husband-and-wife team Richard and Maria Heyns, the company was established to address the slow query times associated with big data analytics. Richard Heyns, who has a background in retail analytics, created the platform from the ground up to deliver "speed of thought analytics".

The company's core offering is a serverless, all-in-one platform that integrates a GPU-accelerated database (BrytlytDB), a business intelligence and visualization tool (Spotlyt), and in-database artificial intelligence capabilities (BrytMind). The platform is built on PostgreSQL, enhanced with patented algorithms and GPU technology to process queries on billion-row datasets in milliseconds. This allows for real-time, interactive analysis and visualization without the need for pre-aggregation or extensive data pipelines. The technology is designed to handle complex JOIN operations efficiently through a patented algorithm called Recursive Interactive Probability. Brytlyt's platform supports clients across various sectors, including telecommunications, finance, retail, logistics, and energy, enabling use cases like fraud detection, network optimization, and risk management.

The business model shifted to a serverless Software-as-a-Service (SaaS) approach, offering a pay-as-you-go system that makes GPU-accelerated analytics more accessible and affordable. This allows users to access the full suite of technology through a web browser without needing to manage hardware. In June 2024, Brytlyt was acquired by Opensignal, a global provider of insights into consumer connectivity experiences. The acquisition included Brytlyt's patented technology and its engineering team, with the aim of accelerating Opensignal's development of its insights platforms. Prior to the acquisition, Brytlyt had raised approximately $10.8 million in funding from investors including Amadeus Capital Partners, Finch Capital, and AlbionVC.