Tech Company Financing Transactions
RapidMiner Funding Round
On 11/5/2013, RapidMiner received $5 million in Series A funding from Earlybird Venture Capital and Open Ocean Capital.
Transaction Overview
Company Name
Announced On
11/5/2013
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Earlybird Venture Capital (Lead Investor) (Jason Whitmire)
Open Ocean Capital (Lead Investor) (Monty Widenius)
Proceeds Purpose
The company will use the capital to expand domestic and international sales and marketing operations in response to expanding demand for its RapidMiner product, and develop additional products in RapidMiner's enterprise-ready predictive analytics product line.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
100 Summer St. 1503
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Not Recorded
Overview
RapidMiner provides software, solutions, and services in the fields of predictive analytics, data mining, and text mining. We automatically and intelligently analyze data -- including databases and text -- on a large scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Lee
Chief Financial Officer
Timothy O'Toole
Chief Marketing Officer
Thomas Wentworth
Chief Technical Officer
Ingo Mierswa
Vice President
Jeffrey Bashaw
VP - Bus. Development
Fred Gedling
VP - Product Management
Lars Bauerle
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