Funding for analytic ventures remained robust in January, with 17 significant funding transactions and three acquisitions. Key themes:
- Outcomes-based medicine and health care
- Vertical solutions for the energy industry
- Solutions for risk management
- Mobile analytics, including location-based targeting and app metrics
- Social media sentiment analysis
- Graph engines (and solutions based on graph engines)
- In-memory SQL engines
All funding news via Crunchbase.
Health Catalyst led the way with $41 million in Series C funding. Health Catalyst offers a solution stack consisting of a proprietary data warehouse optimized for electronic medical records, plus analytic applications designed to support outcomes-based health care.
Other transactions greater than $1 million include:
— MemSQL, provider of a high performance in-memory distributed database, raised $35 million in a Series B round.
— Still in stealth mode, marketing analytics provider OrigamiLogic closed on $15 million in Series B funding.
— Kreditech scored $15 million in debt financing. Kreditech uses machine learning and Big Data to offer credit scoring for microlending.
— Radius closed on $13 million in Series B funding. Radius supports B2B targeted marketing and lead generation for small businesses.
— Smart grid analytics provider AutoGrid landed $12.8 million in Series C funding.
— GNS Healthcare leverages Bayesian Networks and Monte Carlo Simulation to deliver solutions for outcomes-based medicine to hospitals, health insurance plans, pharmaceutical companies and other entities in the health care delivery chain. GNS completed $10 million in Series B financing.
— Simple Energy raised $6 million in Series B funding. Simple Energy offers utilities services to improve customer interactions through microtargeting and social gaming.
— Binary Fountain, provider of software integrating social sentiment analysis with BPM, raised $5.7 million.
— 4C Insights integrates social media sentiment analysis with public data to support media planning and targeting. The firm raised $5 million in Series B funding.
— Kontagent secured $4.8 million in venture funding. Kontagent offers mobile analytic solutions to mobile app developers and marketers.
— Offshore analytic services provider Axtria received $4.8 million in venture funding.
— Enigma Technologies raised $4.5 million in Series A funding. Enigma provides a platform for the analysis of public data that includes a repository and directory to sources, plus tools for search, export and simple analytics.
— Lumiata raised $4 million in Series A funding. Lumiata leverages graph engine technology to deliver evidence-based predictions to medical practitioners.
— BI vendor Chartio received $2.2 million in venture funding
— Bottlenose, purveyor of dashboard and insight tools for social sentiment analysis, raised $1.1 million in debt financing.
— Geofeedia, a provider of open source location-based social media mining tools, received 1.25 million in Series A funding.
There were three acquisitions of note; purchase prices were not disclosed.
— yp, the corporate successor to AT&T Interactive and AT&T Advertising Solutions, acquired Sense Networks on January 6. Sense Networks uses predictive analytics to drive location-based behavioral targeting for mobile ad platforms.
— Pinterest acquired VisualGraph on January 6. VisualGraph, a two-man operation, has developed a distributed in-memory visual search engine.
— Apigee, an API management company, acquired InsightsOne on January 8. InsightsOne offers cloud-based infrastructure for predictive analytics based on Hadoop, plus an in-memory graph engine.