RapidMiner Lands $5,000,000 Series A Financing

  • Feed Type
  • Date
    11/5/2013
  • Company Name
    RapidMiner
  • Mailing Address
    101 Main St 15th Floor Cambridge, MA 02139
  • Company Description
    RapidMiner provides software, solutions, and services in the fields of predictive analytics, data mining, and text mining. We automatically and intelligently analyze data – including databases and text – on a large scale.
  • Website
    http://www.rapidminer.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the capital to expand domestic and international sales and marketing operations in response to expanding demand for its RapidMiner product, and develop additional products in RapidMiner’s enterprise-ready predictive analytics product line.
  • M&A Terms
  • Venture Investor
    Earlybird Venture Capital
  • Venture Investor
    Open Ocean Capital

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