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Big Data Startup Ayasdi

Analytics software company Ayasdi uses mathematics theory to find potential patterns in data and visualize them as geometric shapes, basically offering hints about the best places for data analysts to start looking. Its mantra is simplicity, a message that just helped it close another $55 million in funding.

The Series C round was led by Kleiner Perkins Caufield & Byers. The capitalization also includes existing backers Institutional Venture Partners, Khosla Ventures, Floodgate, Citi Ventures and new investors Centerview Capital and Draper Nexus. So far, the company has raised $100 million.

Read Full Article At Fortune

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