MetaMarkets Gets Fresh Round of Venture Capital Injection

One of the leading companies in the world, when it comes to Big Data analytics, has just finished a venture capital round with the stated goal of getting into the Data Science as a Service field. Metmarkets has already seemingly cornered the market when it comes to dealing with their clients and Big Data analytics. The company recently picked up as much as $15 million in investment from venture capitalist firms like Khosla Ventures, which just came on board in this round of investment. Current investors such as IA Ventures and True Ventures were also part of the injection of capital.

Metamarkets hopes that this latest capital-raising maneuver will allow the company to further focus on Data Science as a Service and help their clients become even more efficient in dealing with their day-to-day needs. The company believes that it is opening the door to a new way their clients will do business by offering up the ability to get market analytics in real time. This will in turn give them a massive amount of data, all condensed by Metamarket professionals, so that it is easy to understand.

The goal is to find a way to make these data streams work for the customer and show them how and where they can best direct their focus so that they are generating the most revenue they can. The process that Metamarkets has perfected is actually divided into three categories. The first category is data exploration, which will allow the client to see data anomalies in real time. Metamarkets is also looking to offer decision support, with a trained group of analysts available to discuss what the data means and where the clients should be directing their resources. Expanded operational awareness means that board members and managers can get a better idea about how the business is running and where it can be improved upon quickly and easily. This fresh round of capital will help the company continue to perfect their unique service.