Ayasdi Launches With $10 Million From Khosla Ventures and FLOODGATE to Pioneer Automated Insight Discovery From 'Big Data'
Industry Leaders Attest to the Power of Ayasdi
"The technology at Ayasdi, based on Topological Data Analysis, is one of the top 10 innovations developed at DARPA in the last decade and is the key to unlocking some of the biggest national security challenges that we face today," said Tony Tether, Former Director, Defense Advanced Research Projects Agency (DARPA).
"As one of the largest medical genetics centers in the United States, we conduct pioneering research to identify the genetic susceptibilities -- or predispositions -- of many diseases, including cancer. Ayasdi has already helped us glean new insights that will lead to breakthrough drug discoveries," said Eric Schadt, Director of the Icahn Institute of Genomics and Multiscale Biology at Mt. Sinai.
"UCSF and Ayasdi are collaborating together to develop new diagnostics and evaluate therapies for traumatic brain and spinal injuries. By utilizing Ayasdi's technology and Topological Data Analysis, we've been able to find insightful patterns in complex data that we are hopeful will lead us to new ways to treat, prevent and manage such traumatic injuries," said Adam R. Ferguson, Ph.D., Principal Investigator, UCSF Brain and Spinal Injury Center.
About Khosla Ventures
Khosla Ventures offers venture assistance, strategic advice and capital to entrepreneurs. The firm helps entrepreneurs extend the potential of their ideas in breakthrough technologies in clean energy, mobile, IT, cloud, big data, storage, health, food, agriculture and semiconductors. Vinod Khosla founded the firm in 2004 and was formerly a General Partner at Kleiner Perkins and co-founder of Sun Microsystems. Khosla Ventures is based in Menlo Park, Calif. More information is available at www.khoslaventures.com.
Ayasdi brings a pioneering approach to solve the world's most complex problems with the first Insight Discovery platform that automatically discovers insights from data. Founded in 2008 after a decade of research at Stanford, DARPA, and NSF, Ayasdi uses Topological Data Analysis (TDA) to reinvent how we find knowledge from data without asking questions, writing queries or code. By pairing hundreds of mathematical algorithms with machine powered intelligence, Ayasdi enables end users and domain experts to discover knowledge from massive datasets in seconds to minutes, often finding answers to questions that one would not know to ask of their data. Funded by Khosla Ventures and FLOODGATE, Ayasdi's customers include some of the world's largest organizations in government, financial services, oil and gas, and life sciences. To learn more, visit www.ayasdi.com or follow us @ayasdi.
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