P&C Technology

Following the transformation of the insurance industry through technology

Archive for Data Mining

More VC funding of Analytics Firms- Mu Sigma Raises $25M

Interesting to see so many analytics firms raising gobs of cash these days.  I sincerely hope that these firms are building products and not simply providing professional services to owners of large datasets.

Latest big raise is from Mu Sigma, a Chicago-based firm that raised $25M from Sequoia.  Details here.

Alpine Data Labs Secures $7.5M in funding

VC now backing analytics firms.    Am curious to hear if players such as Alpine have specific algorithms that are directed to a particular problem, or if they plan to become large professional services plays.  Will continue to watch this player.

Link to article is here.