Predictive analytics company Context Relevant, has raised an additional $13.5m from a Bloomberg-backed series B round featuring Formation 8 and Bloomberg Beta, bringing the total raised by the company to more than $44m.
Context Relevant, a US-based provider of predictive analytics software, has raised $13.5m in a second tranche of series B funding from investors including Bloomberg Beta, the early-stage investment fund supported by media company Bloomberg.
Investment banks Goldman Sachs and Bank of America Merrill Lynch and insurance company New York Life also participated, along with corporate-backed venture firm Formation 8.
The latest funding adds to $21m raised in May from Formation 8, Bloomberg Beta, Madrona Venture Group and Vulcan Capital. Following the…
