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Context Relevant, a Seattle-based startup that promises to create accurate predictive models in a hurry, even across large datasets, has raised a $21 million series B round of venture capital. Formation 8 led the round, which also included existing investors Madrona Venture Group, Bloomberg Beta and Vulcan Capital, and several angels and strategic investors. Context Relevant’s technology includes specialized algorithms for functions such as fraud detection and behavioral analysis, then automatically analyzes data against them and generates models that can added to applications without recoding.

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  1. Steve Ardire Tuesday, May 20, 2014

    Wow this is more than Skytree closed with $18 million in Series A about 1 yr ago so the #machinelearning space is now super red hot so we”ll see over next 2 years which team and technology places as the top 3 winners all of which will be acquired.

  2. Andy Thurai Tuesday, May 20, 2014

    I thought BigML was the only machine learning company from Pacific Northwest region. That area seems to be a hot bed for ML companies.

  3. I feel obsolescence coming on.
    Leslie

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