European Data Protection Digest

Startup Raises $5M in Venture Capital

BIG DATA—GERMANY & U.S.

November 7, 2013

Predictive analytics startup RapidMiner has raised $5 million from Earlybird Venture Capital and Open Ocean and plans to set up a U.S. headquarters in Boston, MA, Venture Beat reports. “With three million product downloads, RapidMiner has rapidly become one of the leaders in the predictive analytics space,” said Monty Widenius, MySQL founder and partner at Open Ocean Capital, in a statement. “We plan to leverage our experience in building MySQL, and the MySQL community, to help the RapidMiner team advance its technology and grow its user community around the world.”
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