Big Data Firm APT Gets $100m Boost

Big data software company Applied Predictive Technologies (APT) has received a $100m minority investment from Goldman Sach's merchant banking division.

Founded in 1999 by business consulting execs Jim Manzi, Anthony Bruce and Scott Setrakian, APT provides business analytics software to help large consumer-facing businesses understand their stores, customers and employees. The firm is based in Arlington, Virginia with regional offices in San Francisco, London and Taipei.

Bruce comments: 'Over the years, APT has built the industry of robust cause-and-effect predictive analytics. As we further expand the breadth and depth of industries we serve across the globe, we are excited to have Goldman Sachs as a valuable partner.'

Web site: www.predictivetechnologies.com .

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