Tamr, Inc., a Cambridge, MA-based data analytics business, raised $25.2m in Series B funding.
Backers included Hewlett-Packard Ventures, Thomson Reuters, MassMutual Ventures, Sinewave Ventures and Work-Bench Ventures as well as existing investors New Enterprise Associates and Google Ventures.
The company intends to use the funds to grow sales as well as product engineering.
Co-founded in 2013 by Michael Stonebraker, Ph.D., Tamr (CTO) and Andy Palmer (CEO), Tamr provides a scalable data-unification platform that aims to reduce the time and effort required to connect and integrate diverse, silo-ed data for business analytics. Tamr combines machine learning algorithms with collective human insight to identify sources, understand relationships and curate the massive variety of silo-ed data, giving customers dynamic 360-degree views of their businesses.
Customers use Tamr for procurement optimization, customer data integration, clinical trials management and many other use cases.