MUMBAI: Private equity firm Apax Partners has signed a definitive agreement to invest as much as $200 million to become the single largest shareholder in Fractal Analytics, India's second largest big data firm. The transaction, which consists of a secondary stake acquired from existing shareholders such as Malayasian sovereign investor of Khazanah and T.A. Associates besides a primary investment into the business, both the companies said in a statement.
Alibaba has paid EUR90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems and large-scale data streaming services for enterprises. The deal was first announced by European media, including EU-Startups, before being confirmed by both Alibaba and Data Artisans through blog posts. Data Artisans was founded in 2014 by the team leading [...]
NEW YORK, December 11, 2018-- 7Park Data ("7Park"), a provider of data analytics software and leading performance indicators to the world's most sophisticated Institutional Investment Firms and Fortune 500 companies, today announced it has been acquired by Vista Equity Partners ("Vista"), the leading investment firm focused on software, data, and technology-enabled businesses. The transaction will provide significant resources for 7Park to continue its growth trajectory, accelerate product and technology innovation, enter new customer verticals and execute strategic acquisitions.
NEW YORK--(BUSINESS WIRE)--Vista Equity Partners Acquires 7Park Data to Accelerate Growth in Data Analytics Market. : NEW YORK--(BUSINESS WIRE)--Today, 7Park Data ("7Park"), a provider of data analytics software and leading performance indicators to the world's most sophisticated Institutional Investment Firms and Fortune 500 companies, today announced it has been acquired by Vista Equity Partners ("Vista"), the leading investment firm focused on software, data, and technology-enabled businesses.
J.P. Morgan leads USD $10 million financing in leading data security and machine learning provider, Inpher NEW YORK, November 2, 2018-- JPMorgan Chase & Co has made a strategic investment in Inpher, Inc., a global data security and analytics company based in New York and Switzerland. The $10 million Series A financing includes existing investors Crosslink Capital, Bowery Capital and Polytech Ecosystem Ventures. Inpher has pioneered an advanced cryptographic Secret Computing(r) platform in which data remains protected while being processed.
EDO, a startup in the business of analyzing media, is using machine learning techniques to study how TV advertising can impact consumer behavior. The company's founders believe they can show the causal relationship of what a consumer watches on TV and what they then do in search, Wikipedia lookups, and other forms of brand-related activity.
Boston startup DataRobot wrapped up a new $100 million funding round, injecting more cash into what was already one of the region's biggest bets on machine learning and artificial intelligence. Palo Alto, CA-based venture firms Meritech and Sapphire Ventures led the Series D investment, with DFJ Growth, New Enterprise Associates, and IA Ventures also participating [...]
Revup Software, Leading Predictive Data Analytics Platform For Fundraising, Closes $7.5M Series A Funding Led By Spero Ventures
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Silicon Valley-based RevUp Software, the leading predictive data analytics platform for fundraising in politics, today announced it has closed a $7.5 million Series A financing led by Spero Ventures with continued participation from existing investors Salesforce Ventures, Reid Hoffman, Steve Luczo, Drew Perkins, Sean Parker, Harris Barton, Evan Goldberg, and others. This round also saw participation from a number of new investors including Alumni Ventures.
Machine learning and neural networks have never been sexier. The top experts in artificial intelligence are speaking before thousands, signing book deals and attracting gobs of money. The sector is moving from tech niche to center stage stardom. Take for example Kai-Fu Lee, the noted investor, former president of Google China and AI researcher. On Friday, at two speaking engagements in San Francisco, Lee basked in the kind of attention typically reserved for rock stars, not technologists. Young men and women in business attire flocked to him. Investors sought introductions. Even school children asked for autographs.
Business intelligence software provider Sisense said on Wednesday it raised $80 million, bringing the total amount invested in the Israeli company to about $200 million.