GridGlo Gets Funds and Rebrands

In the US, analytics and forecasting firm GridGlo has raised $1.3m in new capital, and rebranded under the name TROVE Predictive Data Science.

Founded in 2010, the Delray Beach, FL-based company combines existing internal customer data with external third-party data, to help clients predict future behavior and capitalize on emerging trends. Its proprietary programs and analytical capabilities are used for demand forecasting and customer segmentation, as well as for fraud identification.

The new name was chosen to reflects the value the company brings to its customers. New funding comes from existing investor and TROVE partner CUBRC, along with new unnamed investors.

TROVE CEO Isaias Sudit (pictured) explains that the funds will be used to develop new applications for the company's platform. 'As TROVE has evolved, we have discovered many new ways that predictive data science can identify insights that drive value for our customers across many market segments. In fact our experience shows that the ability to transform data into actionable, results-driven insights is the single most important key to achieving business transformation in the coming years.'

Web site: www.trovedata.com .

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