Argyle Data Raises $4.5M in Funding

ArgyleArgyle Data, a San Mateo, CA-based provider of real-time fraud analytics for data-driven Hadoop organizations in mobile communications and financial services, raised $4.5m in funding.

Backers were not disclosed.

Led by CEO Tom Ryan, Argyle Data monitors and detects fraud in real time by ingesting streaming data into Accumulo, a scalable key-value database developed by the National Security Agency, and queries both live and historical data using Presto, a distributed SQL query engine developed by Facebook.

The company also added Arshak Navruzyan, Dr. Ian Howells, Padraig Stapleton, VP Engineering and Operations, and Dr. Volkmar Scharf-Katz, VP of Mobile Strategy & Solutions, to its management team.



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