GraphLab Raises $6.75M in Series A Funding

GraphLab Inc., a Seattle, WA-based builder of a machine learning analytics engine for graph datasets, raised $6.75m in Series A funding.

The round was led by Madrona Venture Group and New Enterprise Associates. In conjunction with the funding, Matt McIlwain of Madrona Venture Group and Greg Papadopoulos of NEA will be joining the board, with Forest Baskett from NEA as an observer.

Founded by data scientist and entrepreneur Carlos Guestrin, who began the GraphLab open-source project five years ago, the company is now building a commercial product for applying advanced machine learning to massive graph datasets. The company is leveraging the open source distributed graph computation framework, which is used to deliver recommendations through popular consumer services.

GraphLab has established a Technical Advisory Board, which includes:
– Joe Hellerstein – Co-Founder and CEO of Trifacta Inc.,
– Michael I. Jordan – Michael I. Jordan , a researcher in machine learning,
– Hank Levy – co-founder of Skytap and Performant (acquired by Mercury Interactive in 2003).
– Kai Li – Co-founder of Data Domain (acquired by EMC for $2.1 billion in 2009),
– Sujal Patel – Founder and former CEO of Isilon Systems (acquired by EMC for $2.5 billion in 2010), and
– Chris Stolte – Co-founder and Chief Development Officer, Tableau Software.



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