Ayasdi Collects $10 Million
CEO: Gurjeet Singh
Ayasdi (http://www.ayasdi.com) raised $10 million in Series A financing in January, with Khosla Ventures and Floodgate leading the way. The Palo, Alto, Calif.-based company has now raised $13.25 million.
Ayasdi has developed what it calls "topological data analysis" software based on research at DARPA (Defense Advanced Research Projects Agency), the National Science Foundation and Stanford University. The tools provide a way to analyze and visualize large volumes of complex data, such as that generated in the life sciences, oil and gas exploration, and financial services industries.