Einblick raises $6 Million in Seed Funding
Cambridge: Einblick, a visual data computing platform provider, based on years of research at MIT and Brown University, today announced it has secured $6 million in Seed funding from lead investor Amplify Partners with participation from top-tier investors Flybridge and Samsung Next. Einblick is launching the first visual data computing platform that fundamentally changes how users interact with data by providing the fastest way to understand the past, predict the future and make the best data-driven decisions for their business.
Additionally, Sunil Dhaliwal, General Partner at Amplify Partners, joins Einblick’s board of directors. The funding will be used to continue investing in building a world-class engineering team, as well as expanding its sales and marketing capacity.
“Organizations are challenged by making data-driven decisions to achieve the best business outcome,” said Tim Kraska, Founder and CEO at Einblick. “With Einblick’s visual data computing platform, business analysts and data scientists in organizations of all sizes can
analyze past data, build predictive models and simulate scenarios all in the same platform to quickly make data-driven decisions.”
“Our research shows that it is still very difficult for organizations to develop and evaluate descriptive, predictive and prescriptive analytics,” said David Menninger, SVP and Research Director at Ventana Research. “In this changing economic climate, a visual computing platform that makes these capabilities more accessible is critical to enable users to collaborate and make quick data-driven decisions.”
Early Einblick customers report significant benefits. A global manufacturer is using the visual data computing platform to accurately identify root causes of product quality defects in manufacturing production lines and to reveal key drivers for employee retention. A global internet provider has used it to compare network performance and outages across geographies to predict service disruptions and proactively resolve them. Uniquely, across all early customers, Einblick has allowed organizations to optimize decision making by bringing together analysts and business stakeholders.
