The corporate venturing unit has acquired a majority stake in a UK-based data mining company and funded two internal KPMG initiatives.
KPMG Capital, the investment subsidiary of Netherlands-based professional services firm KPMG, has revealed investments in three data and analytics technology startups and projects.
The unit paid an undisclosed amount for a majority stake in UK-based data mining and predictive modelling technology provider Software Development and Research Technology, in order to boost the predictive financial analytics tools available to its clients.
KPMG Capital also invested undisclosed amounts in two internally developed intitiaves: Astrus, KPMG’s internal due diligence and monitoring portal, and…
