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“Above the Trend Line” – Your Industry Rumor Central for 2/1/2016

Above the Trend Line: machine learning industry rumor central, is a new recurring feature of insideBIGDATA. In this column, we 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:  Be sure to Tweet Above the Trend Line articles using the hashtag: #abovethetrendline.

It pays to skulk around corners at local Meetups! Just heard that machine learning automation pioneer DataRobot, Inc. has closed $33 million in Series B financing, bringing the total investment in the company to more than $57 million. New Enterprise Associates (NEA) led the round, which also included Accomplice, Intel Capital, IA Ventures, Recruit Strategic Partners, and New York Life … Also found out that RedPoint Global Inc., a leading provider of data management and customer engagement software, indicated that RedPoint Data Management™ is now a MapR Certified Technology, enabling joint customers to derive more value from their data using the same traditional data flow style and user interface – ultimately reducing risk and total cost of ownership … UK-based RAVN Systems, experts in Artificial Intelligence, Enterprise Search, Unstructured Big Data and Knowledge Management, released RAVN ACE for automated data extraction for ISDA (International Swaps and Derivatives Association) Master Agreements and Credit Support Annexes (CSAs) using Artificial Intelligence … Sources have it that CustomerMatrix, an innovator in cognitive computing and co-founder of the Cognitive Computing Consortium, closed $10.5 million in Series-B funding. The investment was led by HSBC, with participation from Aster Capital, and existing investors Newfund and True Global Ventures … You’ve heard of popular graph analysis tools like Neo4J and Apache Giraph? Now with tens of thousands of downloads for this open source platform, data scientists and analytic experts turn to Blazegraph when competing solutions cannot scale up to explore the billion+ “edges” in data needed for things like breakthrough medicine, deep learning applications, or global-scale information management … Heard on the street that in 2015 Couchbase nearly doubled sales and continued to achieve enterprise renewal rates above 90%. The company delivered the NoSQL industry’s first SQL-based query language, N1QL … The rumor is true! Eric Ries, pioneer of the Lean Startup movement, has joined Pivotal as Entrepreneur-in-Reisdence. In his new position, Eric will further bolster the company’s trailblazing digital transformation capabilities and bring Lean Startup methodologies directly to enterprise customers … A new industry alignment just solidified with Dataguise, a technology leader in secure business execution, announcing that it has partnered with Trace3 to deliver the company’s data-centric security solutions to the enterprise … Just received a list from BeyondCore CEO Arijit Sengupta of 3 big data resolutions that every company looking at their data, or needs to make better use of their data, should consider for 2016 – (i) Automated Machine Learning- a shift away from presumptive analytics; smart pattern discovery will become a must-have; (ii) Visualization gets a facelift- Dashboards will become truly dynamic; (iii) Privacy Legislation- tighter privacy legislation will force changes in security solutions; data management and security will be built in … Paxata, provider of an Adaptive Data Preparation™ platform for the enterprise, announced the availability of its Winter ’15 product release that builds on smart end user capabilities, comprehensive, open platform and enterprise-grade governance.


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