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Signals Analytics Closes $25 Million

Data intelligence platform Signals Analytics Closes $25 Million
Credit: signals-analytics.com

Enterprise IT startup Signals Analytics announced it has secured $25 million in Series C financing. Three investors participated in the round: Pitango Venture Capital, Sequoia Capital, and Qumra Capital.

Signals Analytics is a decision-science-as-a-service company that provides a cloud-based analytical intelligence platform that seeks to transform the world’s unconnected data into actionable insights, enhancing customer experience, optimizing product portfolio health, and propelling innovation. Signals Playbook™ is built on the Signals Hive™ system, a machine learning foundation that originated in the military and uses swarm computing, artificial intelligence, and linguistic processing to unlock hidden business value from diverse, unstructured data sources. According to the company, organizations, including Procter & Gamble, Nestle, Johnson & Johnson, Bayer, General Motors, and 3M have partnered with Signals Analytics to anticipate and react to change, optimize commercial decision making, and drive superior business outcomes with less risk.

The company revealed that it will use the investment to continue its rapid growth and global expansion.