Context Relevant
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| Private | |
| Industry | Data analytics |
| Founded | Seattle, United States (2012) |
| Founders | Stephen Purpura, Chris Metcalfe |
| Headquarters | Wells Fargo Center, 999 3rd Ave #2100, Seattle, WA 98104, United States |
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Area served
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Worldwide |
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Key people
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Joe Polverari (CEO) Art Munson Dustin Hillard |
| Products | Behavioral Analytics Engine |
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Number of employees
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50 |
| Website | www |
Context Relevant is a big data analytics startup based in Seattle, Washington, US. Founded in 2012 by Stephen Purpura and Chris Metcalfe, the company sells on-premises software, cloud services, and professional service solutions to help businesses accelerate analysis and actionable insight.
As of September 26, 2014, Context Relevant has raised $42 million in total investment.
Context Relevant has developed an analytics system that ingests data, determines what’s important, and creates a problem-specific solution that can be deployed while continually learning. The proprietary high-performance machine learning technology accelerates analytics and actionable insight.
Problem-specific Behavioral Analytics Libraries provide an out-of-the-box experience that reduces the workload on users building complicated models. Deployment options include public or private clouds, traditional servers, and Hadoop clusters. Currently available Behavioral Analytics Libraries include solutions for Online Revenue Optimization, Content Prediction, Data Quality Management and Finance.
Scale-out, in-memory technology allows smart caching for small or huge datasets using more computers to parallelize the efforts, as needed.
Context Relevant's software has been applied to various industries, including finance. The information gathered through the technology helps clients predict activity based on observed trends. It is useful for calculating prices and other risks at high speed. The system can also detect fraud quickly.
Context Relevant launched with $1.3 million in seed funding from Madrona Venture Group and Seattle-based angel investor Geoff Entress. Other initial investors included Mike McSherry, Cliff Kushler, and Mark Illing of Swype/Nuance. The startup received an additional $1.5 million in funding from Madrona in November 2012. In July 2013, Context Relevant raised a total of $7 million in a round of series A funding. The round included previous investors such as Madrona Venture Group and Geoff Entress, as well as Vulcan Capital and Bloomberg Beta.
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