Sociocast Raises $1M in Funding

According to reports, Sociocast, a NYC-based Big data and analytics company, raised $1m in funding.

The funds were provided by Raptor Ventures.

Led by CEO Albert Azout, COO Scott Hoffman, CTO Giri Iyengar, Sociocast provides enterprise developers and data scientists with predictive analytics to optimize existing products and services, and create new revenue opportunities, which can be plugged into any application or product.

The company intends to use the capital to hire new people (read here) and continue to develop its Prediction API product.



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