Albeado, a Santa Clara, CA-based software company delivering predictive analytics and causal modeling, closed a $3m series A financing.
The round was led by Brillio.
The new funds will be used to expand Albeado’s engineering, sales and product development functions.
Led by Partha Datta Ray, CEO and Founding CTO, Albeado provides predictive analytics and causal modeling software, which delivers decision support systems for enterprise organizations by combining human and organizational expertise with big data, scientific modeling and multi-context reasoning. Clients include healthcare, utilities and mining companies.