GraphLab, originally developed at Carnegie Mellon University, has raises $6.75m series A round.

Graph computation network startup Graphlab has received $6.75m in series A funding in a round led by Madrona Venture Group and joined by New Enterprise Associates.

Founded five years ago by current GraphLab chief executive Carlos Guestrin at Carnegie Mellon University, the open source project has developed into graph-based distribution computation network that can be used for machine learning, data-mining, and other computing tasks.

The Seattle-based firm is now developing a commercial product for applying advanced machine learning to massive…

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