ColdLight Receives Equity Investment from Intel Capital

Published On April 17, 2014 |

coldlightColdLight, a Wayne, PA-based data science company, has become a portfolio company of Intel Capital.

The terms of the deal were not disclosed.

The company now plans to further focus on growing the business while accelerating the research and development of its platform and the corresponding application portfolio.

Founded in 2007 by Ryan Caplan, CEO, ColdLight provides the NeuronTM data science platform which uses advanced search and machine learning technology to automate the data discovery process. By automatically seeking out and connecting key information within massive, disparate data sets, Neuron shows business users what information matters and validates its insights, predictions and simulations to allow organizations to build business-driven apps that contain trusted historical, current and future views of their business.
The company is also backed by Kayne Partners.

FinSMEs

17/04/2014

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