Ayasdi Receives $10.25M in Series A Funding

Published On January 16, 2013 |

Ayasdi, a Palo Alto, CA-based developer of technology that combines advanced mathematics, computer science, and visualization to help organizations find insights in large and complex datasets, received $10.25m in Series A funding.

The round was led by Khosla Ventures and FLOODGATE.

Based on research at Stanford and led by and Gurjeet Singh, CEO, and mathematics professor  Gunnar Carlsson, Ayasdi combines computer science and a branch of mathematics known as Topological Data Analysis (TDA) to enable organizations of any size to automatically find answers to questions they did not know to ask. The company’s cloud-based Insight Discovery platform delivers insights, derived from massive and complex datasets, without queries.

Ayasdi has received funding from the Defense Advanced Research Projects Agency (DARPA) and the National Science Foundation.

It is hiring in Palo Alto (read here).

FinSMEs

16/01/2013

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