Opera Solutions, LLC, a Jersey City, N.J.-based provider of applied Big Data analytics and artificial intelligence (AI) solutions for enterprises, closed on a term loan financing agreement of $70m.
The company will apply a portion of the proceeds to repay existing debt, with the remainder used to support growth.
Led by Arnab Gupta, CEO and founder, Opera Solutions provides software, science, and services for companies to scale their analytics across the enterprise.
The company’s technology platform, Signal Hub™, uses machine learning, combined with high-scale processing capacity and advanced data management, to identify, extract, and make available thousands of Signals about customers, operations, and markets.
Opera Solutions serves companies in financial services, healthcare, professional services, the public sector, telecom, retail, travel & leisure, and more through its offices in North America, Europe, and Asia.