Click here to close now.

Welcome!

Java Authors: Pat Romanski, Liz McMillan, Elizabeth White, Carmen Gonzalez, Plutora Blog

News Feed Item

Ayasdi Launches With $10 Million From Khosla Ventures and FLOODGATE to Pioneer Automated Insight Discovery From 'Big Data'

Based on 12 Years of R&D at Stanford, Funded by DARPA, Ayasdi Delivers the First Platform That Uses Topological Data Analysis (TDA) to Solve World's Most Profound and Expensive Problems

PALO ALTO, CA -- (Marketwire) -- 01/16/13 -- Ayasdi (www.ayasdi.com) today announced that it has received $10.25 million in a Series A funding led by Khosla Ventures and FLOODGATE. Ayasdi has created the world's first Insight Discovery platform, a technology that combines advanced mathematics, computer science, and visualization to help organizations find breakthrough insights in large and complex datasets that lead to impactful outcomes.

Ayasdi represents the culmination of a decade long research effort at Stanford, led by renowned mathematics professor and Ayasdi Co-Founder Gunnar Carlsson, and funded by the Defense Advanced Research Projects Agency (DARPA) and the National Science Foundation. Ayasdi enables organizations of any size to automatically find answers to questions they did not know to ask. Ayasdi overcomes the limitations of biased and query-driven "Big Data" approaches to reveal never-before-seen insights within a matter of minutes.

"At Khosla Ventures, we love companies that take a disruptive approach to transform an industry, as Ayasdi's team is doing in the field of big data," said Vinod Khosla, Founder, Khosla Ventures. "Ayasdi's Insight Discovery platform utilizes machine powered intelligence to unearth important -- and previously unattainable -- answers that will help solve some of the most pressing global, social, and economic issues."

Today, "Big Data" Fails to Solve Big Problems Because Query-Based Approaches are Flawed
Governments, businesses, and scientists have spent the last 30 years and billions of dollars attempting to address many of the world's biggest problems by analyzing data. Although Big Data tools have improved over the last 10 years, they have failed to yield breakthrough insights because data analysis methods have not evolved.

Since the creation of SQL in the 1980s, data analysts have tried to find insights by asking questions and writing queries. This approach has two fundamental flaws. First, all queries are based on human assumptions and bias. Secondly, query results only reveal slices of data and do not show relationships between similar groups of data. While this method can uncover clues about how to solve problems, it is a game of chance that usually results in weeks, months, and years of iterative guesswork.

The Ayasdi Breakthrough: Discovering Answers to Questions You Didn't Know to Ask
Ayasdi's Insight Discovery platform delivers insights, derived from massive and complex datasets, quickly and without queries. It is the first machine learning platform that combines computer science and a branch of mathematics known as Topological Data Analysis (TDA) that visualizes the entire dataset. Ayasdi's platform explores datasets with hundreds of machine learning algorithms in minutes to automatically discover insights that could not be determined through query-based or ad hoc approaches.

Ayasdi is designed for any type of user -- from domain experts to data scientists and researchers -- and does not require coding or model building. The cloud-based platform scales to meet the most demanding processing requirements and is secured using industry standard encryption. Ayasdi is engineered to complement other Big Data solutions and can work with datasets of any size or type including structured and unstructured.

Ayasdi is now actively working with Global 1000 customers to solve critical issues:

  • Discover New Drugs: First insight in 8 hours from 100+ hours leading to expedited clinical trials.
  • Improve Cancer Therapy: Recently, Ayasdi discovered new insights from an 11-year breast cancer dataset that included new sub-populations of breast cancer survivors.
  • Explore New Energy Sources: Identified data patterns leading to more predictive drilling.
  • Predict Fraud: Found unknown fraud relationships leading to new preventive measures.
  • Prevent Terrorist Attacks: Analyzed large corpus of text data revealing hidden patterns.

"The answers to today's most important scientific, business and social problems lie in data," said Gurjeet Singh, CEO of Ayasdi. "The biggest challenge in Big Data today is asking the right questions of data. The power of Ayasdi is its unique ability to automatically discover insights -- regardless of complexity -- without asking questions. Ayasdi's customers can finally learn the answers to questions that they didn't know to ask in the first place. Simply stated, Ayasdi is 'digital serendipity.'"

Industry Leaders Attest to the Power of Ayasdi
"The technology at Ayasdi, based on Topological Data Analysis, is one of the top 10 innovations developed at DARPA in the last decade and is the key to unlocking some of the biggest national security challenges that we face today," said Tony Tether, Former Director, Defense Advanced Research Projects Agency (DARPA).

"As one of the largest medical genetics centers in the United States, we conduct pioneering research to identify the genetic susceptibilities -- or predispositions -- of many diseases, including cancer. Ayasdi has already helped us glean new insights that will lead to breakthrough drug discoveries," said Eric Schadt, Director of the Icahn Institute of Genomics and Multiscale Biology at Mt. Sinai.

"UCSF and Ayasdi are collaborating together to develop new diagnostics and evaluate therapies for traumatic brain and spinal injuries. By utilizing Ayasdi's technology and Topological Data Analysis, we've been able to find insightful patterns in complex data that we are hopeful will lead us to new ways to treat, prevent and manage such traumatic injuries," said Adam R. Ferguson, Ph.D., Principal Investigator, UCSF Brain and Spinal Injury Center.

About Khosla Ventures
Khosla Ventures offers venture assistance, strategic advice and capital to entrepreneurs. The firm helps entrepreneurs extend the potential of their ideas in breakthrough technologies in clean energy, mobile, IT, cloud, big data, storage, health, food, agriculture and semiconductors. Vinod Khosla founded the firm in 2004 and was formerly a General Partner at Kleiner Perkins and co-founder of Sun Microsystems. Khosla Ventures is based in Menlo Park, Calif. More information is available at www.khoslaventures.com.

About Ayasdi
Ayasdi brings a pioneering approach to solve the world's most complex problems with the first Insight Discovery platform that automatically discovers insights from data. Founded in 2008 after a decade of research at Stanford, DARPA, and NSF, Ayasdi uses Topological Data Analysis (TDA) to reinvent how we find knowledge from data without asking questions, writing queries or code. By pairing hundreds of mathematical algorithms with machine powered intelligence, Ayasdi enables end users and domain experts to discover knowledge from massive datasets in seconds to minutes, often finding answers to questions that one would not know to ask of their data. Funded by Khosla Ventures and FLOODGATE, Ayasdi's customers include some of the world's largest organizations in government, financial services, oil and gas, and life sciences. To learn more, visit www.ayasdi.com or follow us @ayasdi.

PR Contact
Michael Lindenberger
Reidy Communications
Email Contact
415-531-1449

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. He discussed opportunities and challenges ahead for the IoT from a market and technical point of vie...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Hadoop as a Service (as offered by handful of niche vendors now) is a cloud computing solution that makes medium and large-scale data processing accessible, easy, fast and inexpensive. In his session at Big Data Expo, Kumar Ramamurthy, Vice President and Chief Technologist, EIM & Big Data, at Virtusa, will discuss how this is achieved by eliminating the operational challenges of running Hadoop, so one can focus on business growth. The fragmented Hadoop distribution world and various PaaS solutions that provide a Hadoop flavor either make choices for customers very flexible in the name of opti...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Advanced Persistent Threats (APTs) are increasing at an unprecedented rate. The threat landscape of today is drastically different than just a few years ago. Attacks are much more organized and sophisticated. They are harder to detect and even harder to anticipate. In the foreseeable future it's going to get a whole lot harder. Everything you know today will change. Keeping up with this changing landscape is already a daunting task. Your organization needs to use the latest tools, methods and expertise to guard against those threats. But will that be enough? In the foreseeable future attacks w...
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize supplier management. Learn about enterprise architecture strategies for designing connected systems tha...
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science from the University of California, Berkeley.
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of presentation. In her session at @ThingsExpo, Jocelyn Scheirer, CEO & Founder of Bionolux, will discuss ho...
The cloud is now a fact of life but generating recurring revenues that are driven by solutions and services on a consumption model have been hard to implement, until now. In their session at 16th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, will discuss how a top European telco has leveraged the innovative recurring revenue generating capability of the consumption cloud to enable a unique cloud monetization model to drive results.
As organizations shift toward IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection &E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 16th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships, will discuss how to cut costs, scale easily, and unleash insight with CommVault Simpana software, the only si...
Analytics is the foundation of smart data and now, with the ability to run Hadoop directly on smart storage systems like Cloudian HyperStore, enterprises will gain huge business advantages in terms of scalability, efficiency and cost savings as they move closer to realizing the potential of the Internet of Things. In his session at 16th Cloud Expo, Paul Turner, technology evangelist and CMO at Cloudian, Inc., will discuss the revolutionary notion that the storage world is transitioning from mere Big Data to smart data. He will argue that today’s hybrid cloud storage solutions, with commodity...
Cloud data governance was previously an avoided function when cloud deployments were relatively small. With the rapid adoption in public cloud – both rogue and sanctioned, it’s not uncommon to find regulated data dumped into public cloud and unprotected. This is why enterprises and cloud providers alike need to embrace a cloud data governance function and map policies, processes and technology controls accordingly. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems, will focus on how to set up a cloud data governance program and s...
Every innovation or invention was originally a daydream. You like to imagine a “what-if” scenario. And with all the attention being paid to the so-called Internet of Things (IoT) you don’t have to stretch the imagination too much to see how this may impact commercial and homeowners insurance. We’re beyond the point of accepting this as a leap of faith. The groundwork is laid. Now it’s just a matter of time. We can thank the inventors of smart thermostats for developing a practical business application that everyone can relate to. Gone are the salad days of smart home apps, the early chalkb...
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been involved at the beginning of four IT industries: EDA, Open Systems, Computer Security and now SOA.
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
We certainly live in interesting technological times. And no more interesting than the current competing IoT standards for connectivity. Various standards bodies, approaches, and ecosystems are vying for mindshare and positioning for a competitive edge. It is clear that when the dust settles, we will have new protocols, evolved protocols, that will change the way we interact with devices and infrastructure. We will also have evolved web protocols, like HTTP/2, that will be changing the very core of our infrastructures. At the same time, we have old approaches made new again like micro-services...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, representing a model of how to analyze rea...
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.