0xdata Secures an “A” Round, Changes Name

VentureBeat reports that 0xdata has secured $8.9 million in “A” round financing from six investors.  (According to Crunchbase, the funding actually closed July 19).   In the same article, VentureBeat also reports that 0xdata will change its name to H2O, aligning its corporate and product brands.

Since I first reported on 0xdata/H2O earlier this year, the firm has doubled its user base, added key public references (including Cisco, eBay, Nielsen and PayPal), added Deep Learning, Anomaly Detection and a robust scoring engine to its tooling and, most importantly, delivered on integration with Apache Spark.  H2O nicely complements Spark’s MLLib machine learning library; combined, the two projects offer a powerful platform for predictive analytics with Big Data.

0xdata/H2O will host the first H2O World conference November 18 and 19 at the Computer History Museum in Mountain View, CA.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.