Tamr, a Cambridge, Mass.-based platform for data curation, received more than $16m in financing.
The round was led by Google Ventures and New Enterprise Associates (NEA). In conjunction with the funding, Rich Miner of Google Ventures and Peter Barris from NEA joined Tamr’s board of directors.
Founded in 2013 by Andy Palmer (CEO), Michael Stonebraker, Ihab Ilyas, George Beskales, Daniel Bruckner and Alex Pagan, Tamr combines machine learning and corporate knowledge to identify sources, understand relationships and curate siloed data and access to a unified view of companies’ repositories.
Its platform for data curation allows businesses to connect and enrich all their data, including internal data sources and external public data sources, as well as feeds from the Internet of Things.
The software, which is based on research from MIT, UC Berkeley, Brown University, Brandeis University and Qatar Computing Research Institute, and is commercially available and deployed in production at Fortune 100 companies, continually learns the more it’s used, building an institutional memory and data inventory of bottom-up enterprise information.