Funding

Codilime earmarks $4M for investment in deepsense.io

23rd Nov `15, 02:36 PM in Funding

Deepsense.io is a pure Apache Spark company offering Seahorse, a big data analytics platform “providing code-free data manipulation…

BDMS
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Deepsense.io is a pure Apache Spark company offering Seahorse, a big data analytics platform “providing code-free data manipulation and predictive analytics.” CodiLime is deepsense.io’s sole investor and upped the ante last week by pledging an additional $4 million to the platform’s growth.

Software engineers and data scientists formerly from Google, Facebook and Microsoft founded Deepsense.io. CodiLime’s core business is developing machine learning and big data software engineering products through deepsense.io.

Part of deepsense.io’s appeal is its focus on solving the dormant untapped dark data problem that is common in many organizations. Gartner defines dark data as “information assets that organizations collect, process and store in the course of their regular business activity, but generally fail to use for other purposes.”

The company plans to use the new investment to speed product development, power up its deep learning efforts, increase marketing efforts and promote Apache Spark at big data conferences.

“Most importantly, the current boost in financial resources empowers us to speed up the implementation of advanced product features such as: Enhanced data exploration with notebooks, better data visualization, improved flexibility of Seahorse with SDK for custom operations by software developers and Spark streaming support which allows to publish models as a real-time production application on a Spark cluster,” said Piotr Niedzwiedz, co-founder and CTO of deepsense.io in the announcement.

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