Big data firm Ayasdi, a company which claims to offer insight into large and complex data sets to help solve some of the world’s most pressing issues, has raised USD10.25m in a round led by Floodgate and Khosla Ventures with participation from Defense Advanced Research Projects Agency.
The firm, based in California, says its topological data analysis could potentially help discover new drugs, explore new energy sources, predict fraud, improve cancer therapy and prevent terrorist attacks. The firm has not yet revealed what it will be using the funding for.
Funding will help to address critical humanitarian problems around the world
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