Sign up for our newsletter and get the latest big data news and analysis.

“Above the Trend Line” – Your Industry Rumor Central for 1/18/2016

Above the Trend Line: machine learning industry rumor central, is a new recurring feature of insideBIGDATA. In this column, we’ll present a variety of short news items such as people movements, funding news, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz. Our intent is to provide our readers a one-stop source of late-breaking news to help keep you abreast of this fast-paced ecosystem. We’re working hard on your behalf with our extensive vendor network to give you all the latest happenings. Heard of something yourself? Tell us! Just e-mail me at: daniel@insidehbigdata.com.  Be sure to Tweet Above the Trend Line articles using the hashtag: #abovethetrendline.

Chicago-based startup Uptake recently made waves with a $1B evaluation (a rarity for a startup based in the midwest), and has now been named Forbes #1 hottest tech startup. This success is largely due to its work with industrial giant Caterpillar, with software that enables the equipment manufacturer to derive actionable insight from the Industrial Internet of Things … IoT software company, Irvine, Calif. based Greenwave Systems, attracts $60 million funding to accelerate its global expansion … 41% of young people in the U.S. believe their job could be replaced by a robot or computer within the next 10 years according to new research by Infosys … Don’t miss beauty.ai, the first international beauty contest judged by Artificial Intelligence – you can be the First Beauty Queen or King Judged by Robots! The contest, which requires participants to take selfies via a special app and submit them to the contest website, is touting new sophisticated facial recognition algorithms that allow machines to judge beauty in new and improved ways … Data Science Cult is the fastest growing analytics and data science companies directory … Grapal‘s Geospatial analytics is helping enterprises to add a geographic context to data and uncover trends and patterns that are otherwise invisible through traditional visualization methods … Looker, the data platform company powering data-driven companies, announced it has closed a $48 million Series C funding round led by Kleiner Perkins Caufield & Byers (KPCB) … As the California Drought continues to worsen — despite the best efforts of El Niño — Sustainable Silicon Valley (SSV) has taken it into their hands to track and monitor APIs, with the help of TIBCO Spotfire … Euclid Analytics, a leader in location analytics, announced it has closed a $20 million Series C funding round, led by Cox Enterprises … Import.io announced new funding – $13M Series A led by Imperial Innovations, bringing the total raised to date to $17.5M … NVIDIA CEO Jen-Hsun Huang just issued the following blog post, discussing the future of AI and how GPU-accelerated computing is helping drive the revolution in this fast-growing field … – Exabeam, a leader in user behavior analytics (UBA) for security, announced that it finished 2015 at over 150 percent of sales targets and increased momentum heading into 2016. Gartner estimates that the UBA market will grow from $50 million in 2015 to approximately $200 million by the end of 2017, a CAGR of 100 percent … SIOS Technology Corp., a leading provider of high availability and IT analytics software, announced that Trend Micro Incorporated, a global leader in security software and solutions, is using SIOS iQ IT operations analytics platform to enhance their ability to meet service level agreements for their critical applications running in VMware environments … Girish Pancha, CEO of StreamSets, a big data expert formerly from Informatica, founded StreamSets to satisfy the need for continuous big data ingest technology and bring more transparency and event processing to data in motion, ultimately accelerating time to analysis. The company recently raised Series A funding from Battery Ventures, and counts Cisco and Lithium among early customers … Numenta co-founders Jeff Hawkins and Donna Dubinsky have authored a piece to help sort out the evolving “AI” landscape – “What Is Machine Intelligence vs. Machine Learning vs. Deep Learning Vs. Artificial Intelligence (AI)?” … Mike Tuchen, CEO of Talend said his company will soon throw down the gauntlet and challenge Informatica to a benchmark test. The reason? Talend recently published an independent benchmark comparing Talend Big Data Platform to Informatica Big Data Edition, and even though Talend proved faster by a long shot across a host of capabilities, Informatica said “no fair”. Informatica issued a letter from its lawyers demanding that the group who performed the benchmark retract it. Talend CEO Mike Tuchen says he is tired of Infomartica hiding behind its lawyers and marketing fluff. He’s going to challenge to Informatica to set up a joint benchmark using a mutually agreeable third party … FI Navigator announced that it has raised $1.5 million in private funding, following its successful launch in Q4 2015. FI Navigator provides a web-based bank data and analytics platform for the banking vertical delivering institution-specific insights and industry-wide research to FinTech providers and financial institutions … Mobile analytics provider Amplitude Analytics announced 355% year-over-year revenue growth and a 300% year-over-year increase in customer acquisition. At its December 31, 2015 fiscal year close, it has 140+ enterprise subscription customers and thousands of users.

 

Sign up for the free insideBIGDATA newsletter.

Leave a Comment

*

Resource Links: