The Insider's Guide to Next-Generation BPM
10/13/2010
Predixion Software announced today it has closed its Series A financing round, raising a total of $5 million led by DFJ Frontier.
ebizQ received the following:
Predixion, which recently introduced Predixion Insight for Excel and PowerPivot, a low-cost, self-service in the cloud predictive analytics solution, will use the funds to expand its product development activities, increase sales and marketing initiatives, and further build out its sales channel programs and strategic partnership activities.
DFJ Frontier, part of the DFJ Network, the industry’s most active venture capital organization with more than $7 billion under management, invests in seed and early stage technology companies on the West Coast. Also participating in the financing round were Miramar Venture Partners, which invests in early-stage information technology opportunities with an emphasis on projects based in Southern California, and Palomar Ventures, which has over $500 million in total capital under management. A growth capital facility from Silicon Valley Bank completed the round.
“The combination of Predixion Software’s veteran and highly successful management team and its disruptive low-cost, self-service in the cloud predictive analytics solution made Predixion Software highly attractive to Palomar from an investment perspective,” said Kevin Jacques, Palomar Ventures partner and Predixion board member. “Predixion perfectly fits our investment profile of an early stage information technology company that demonstrates the potential for exceptional growth and market leadership.”
“We are pleased to close our highly successful Series A financing round—especially with the current funding climate and slow global economy—and welcome the experience and guidance our blue chip investors will provide us,” said Predixion CEO Simon Arkell. “In the short time since our company launch, companies of all sizes and in all geographies have expressed an interest in our predictive analytics cloud service which breaks down the cost and complexity barriers by providing easy to use, self-service predictive analytics functionality. With this additional capital, we will quickly expand our ability to serve our growing customer and prospect base while further extending our technical leadership,” Arkell said.
Best Practices in Moving Processes to the Clouds
How Can the Cloud Fit Into Your Applications Strategy?
Cloud Data Integration Best Practices
The Economics of Cloud Computing
Data Services Insight: Successful implementation of Canonical Information Models
The new frontier for life sciences & beyond: Specializing HPC clusters in the cloud: Part 2 
The new frontier for life sciences & beyond: Specializing HPC clusters in the cloud: Part 1
Disaster recovery virtualization vs. cloud
Should You Send Workload Automation to the Cloud?
Cloud Computing: Why we Need to go Back to the Future
ebizQ is very interested in what you have to say. To contribute an article, an opinion, or to become a blogger, please contact Peter Schooff.
June 3, 2009
One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register
Date:Apr 07, 2010
Time:13:00 PM
ET- (17:00 GMT)
Date:Apr 07, 2010
Time:12:00 PM
ET- (16:00 GMT)
The pace of change for Healthcare has never been faster or more demanding - from ongoing regulatory and policy changes to increasing pressure to...
Download Now
In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.
Listen Now
Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.
Listen Now
Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.
Listen Now
In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.
Listen Now
Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.
Listen Now
Smart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More
A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More
|
|
This new publication from our sister site SearchSOA.com explores workflow, business activity monitoring (BAM) and complex event processing (CEP) issues. |
|
|
Print this article
Email this article
Talk Back!
Write to Editor
