Paxata Launches Adaptive Data Preparation Platform
Paxata last month debuted its cloud-based Adaptive Data Preparation Platform that helps business analysts collect and combine raw data and prepare it for analysis. The software uses a set of prebuilt data preparation services automated by machine learning, latent semantic indexing, statistical pattern recognition and text analytics.
The software works with business analytics tools such as Tableau, QlikView and Excel.
Based in Redwood City, Calif., Paxata was co-founded in May 2012 by CEO Prakash Nanduri. In October, Paxata raised $8 million in Series B funding, led by Accel Partners.