Tuesday, July 16, 2013

Context Relevant Gains $7M For Predictive Analytics Automation

Seattle-based Context Relevant has announced $7M in a Series A funding round, to help spread its predictive analytics software across the market. The startup, headed by Stephen Purpura, said that the funding round came from Madrona Venture Group, Vulcan Capital, Bloomberg Beta, Geoff Entress, as well as other investors. Conext Relevant's software uses automated machine learning, to help automatically create and recommend data reports for businesses. The company said its software is aimed at such areas as financial analytics, pricing and valuation recommendations, web personalization, and online travel optimization. More information »