New On The Big Data Scene: 10 Cool Startups
Submitted by Rick Whiting on
Anodot
CEO: David Drai
Anodot exited stealth in November 2015 by unveiling its real-time anomaly detection and operational intelligence technology – software with patented machine-learning algorithms that automate business analytics and pinpoint performance issues and business opportunities. The goal is to find outliers within huge amounts of data and turn them into valuable business insight.
Anodot's technology is targeted toward use with e-commerce websites, digital advertising systems and Internet of Things networks for improving operational efficiency and maximizing revenue generation.
The company, based in Ra'Anana, Israel, and Sunnyvale, Calif., raised $8 million in Series B venture funding in September.