Personal blog of Yzmir Ramirez

 This week, RapidMiner announced that it has raised a $15 million Series B round of capital. The company had previously raised a total of $5 million, bringing its total capital tally to $20 million. The round was co-led by Ascent Venture Partners and Longworth Venture Partners. RapidMiner, headquartered in Cambridge, Mass., provides what it describes as “code-free” analytics tools.… Read More

 RapidMiner announced their new Streams service today to enable customers to capture streams of data and process it in real time. RapidMiner president Michele Chambers explained this could be particularly useful when it comes to capturing and processing Internet of Things or industrial sensor data and getting back answers in seconds. The new Streams product pulls the data from your source… Read More

 RapidMiner, a big data analytics startup, purchased former partner Radoop, giving it Hadoop processing and access to the Radoop team’s Hadoop expertise. They did not share the purchase price. RapidMiner enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that… Read More