Stanford spin-out Ayasdi receives $10.25m in series A financing for launch from Khosla Ventures and FLOODGATE.
Ayasdi, a data firm that has been in incubation at Stanford for over a decade, has received $10.25m to launch the spin-out in a series A round led by venture firm Kholsa Ventures and seed investor FLOODGATE.
The US-based spin-out has created what it calls the world’s first “Insight Discovery” platform, a data-centric technology that allows companies of any size to find insights in “large and complex datasets”. Stanford University has been developing the technology for 12 years with…
