Attivio Targets Profitability by the End of 2016 Through $31M Financing Round
July 18, 2016
The article on VentureBeat titled Attivio Raises $31 Million to Help Companies Make Sense of Big Data discusses the promises of profitability that Attivio has made since its inception in 2007. According to Crunchbase, the search vendor has raised over $100 million from four investors. In March 2016, the company closed a financing round at $31M with the expectation of becoming profitable within 2016. The article explains,
“Our increased investment underscores our belief that Attivio has game-changing capabilities for enterprises that have yet to unlock the full value of Big Data,” said Oak Investment Partners’ managing partner, Edward F. Glassmeyer. Attivio also highlighted such recent business victories as landing lab equipment maker Thermo Fisher Scientific as a client and partnering with medical informatics shop PerkinElmer. Oak Investment Partners, General Electric Pension Trust, and Tenth Avenue Holdings participated in the investment, which pushed Attivio’s funding to at least $102 million.”
In the VentureBeat Profile about the deal, Stephen Baker, CEO of Attivio makes it clear that 2015 was a turning point for the company, or in his words, “a watershed year.” Attivio prides itself on both speeding up the data preparation process and empowering their customers to “achieve true Data Dexterity.” And hopefully they will also be profitable, soon.
Chelsea Kerwin, July 18, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
There is a Louisville, Kentucky Hidden Web/Dark
Web meet up on July 26, 2016.
Information is at this link: http://bit.ly/29tVKpx.
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Google Play Serves as Make Up Letter from Google to China
September 18, 2015
The article titled Google’s Return to China Won’t Be Easy on VentureBeat discusses Google’s ambitions to revisit China with the help of Google Play, its Android mobile operating system app store. If you don’t remember, about five years ago Google refused to self-censor search results and pulled its services from China to boot. But Google can’t help looking longingly over its shoulder at the world’s largest Internet market. The article explains,
“Apple Inc complies with local laws and made $13.2 billion last quarter in Greater China…, making it its second-biggest market. Some in the industry doubt whether Google can use the Play store to help get its other services into China as domestic rivals are now well established and Google would have to comply with Chinese law. That would mean storing all data in China, and meeting information access and censorship requests, a thorny issue, particularly if the U.S. government gets involved.”
Obviously, China did not heed Google’s advice on reforming its approach to business and government oversight. Some argue that the focus on Google Play may make the movement toward China less threatening to Chinese regulators than their other services like search and Gmail. The article suggests the possibility that the lapse in Google’s presence in the market may be fatal to them there. The niche market has been working just fine, thank you very much, many mobile players believe. At any rate, Google’s hopes are a long shot unless they are willing to do it the Chinese way.
Chelsea Kerwin, September 18, 2015
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
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