Big data firm Precog nabs USD2m

Precog, a big data analysis firm, has raised USD2m in seed investment in a round led by RTP Ventures, with participation from Resonant Venture Partners and TechStars founder David Cohen.

Launched in February this year, Precog has developed an app that analyses structured and semi-structured data including texts, tweets and emails. The app is aimed at developers who can then use this bite-sized data to build features such as peer-to-peer recommendations, reports, predictions and real-time feedback into their products. CEO John De Goes says the service lets users analyse large amounts of data "without having to write piles of code".

Amount (USD) Target Investor(s) Region Categories