Big Data Firm Ayasdi Breaks Cover with $10.25m Funds

Big data company Ayasdi has officially launched with a $10.25m round of funding, which it will use to extend its Insight Discovery platform.

The firm, which has apparently been in stealth mode for the entire past decade, is led by Stanford University mathematics professor Gunnar Carlsson (pictured) and has previously been funded by the Defense Advanced Research Projects Agency (DARPA) and the National Science Foundation.

Gurjeet Singh, CEO of Ayasdi, comments: 'The answers to today's most important scientific, business and social problems lie in data. The power of Ayasdi is its unique ability to automatically discover insights without asking questions. Ayasdi's customers can finally learn the answers to questions that they didn't know to ask in the first place.'

The company's latest funding has been led by Khosla Ventures and FLOODGATE.

Web site: www.ayasdi.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.