GraphLab Receives $6,750,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb4f8224-ea20-4153-bc76-d7775558d5fb&Preview=1
Date
5/15/2013
Company Name
GraphLab
Mailing Address
3624 Meridian Avenue North Seattle, WA 98103
Company Description
GraphLab Inc. is building the fastest machine learning analytics engine for graph datasets. Started in 2009 as an open source project by Carlos Guestrin, the software is used daily for millions of recommendations in popular consumer services. GraphLab is based in Seattle.
Website
http://www.graphlab.org
Transaction Type
Venture Equity
Transaction Amount
$6,750,000
Transaction Round
Series A
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Madrona Venture Group
Venture Investor
New Enterprise Associates