New big data firm to pioneer topological data analysis by John Burn-Murdoch.
From the post:
A US big data firm is set to establish algebraic topology as the gold standard of data science with the launch of the world’s leading topological data analysis (TDA) platform.
Ayasdi, whose co-founders include renowned mathematics professor Gunnar Carlsson, launched today in Palo Alto, California, having secured $10.25m from investors including Khosla Ventures in the first round of funding.
The funds will be used to build on its Insight Discovery platform, the culmination of 12 years of research and development into mathematics, computer science and data visualisation at Stanford.
Ayasdi’s work prior to launching as a company has already yielded breakthroughs in the pharmaceuticals industry. In one case it revealed new insights in eight hours – compared to the previous norm of over 100 hours – cutting the turnaround from analysis to clinical trials in the process.
The project? CompTop, which I covered here.
Does topological data analysis sound more interesting now than before?