BeyondCore raises $9M to automate data analysis

Gigaom

BeyondCore , a San Mateo, Calif.-based company whose software automatically analyzes data sets to identify the strongest correlations between variables, has raised a $9 million series A round of venture capital led by Menlo Ventures. The funding comes just more than a year after BeyondCore officially launched , and underscores a shift in analytics — in some cases — away from human intuition and toward computing logic.

“The reason we play 20 questions, or rather 20,000 questions, with our data is because computers can only answer very specific types of questions,” BeyondCore Founder and CEO Arijit Sengupta explained during a recent interview. So, he added, rather than humans asking whatever broad questions they want and then drilling down, they should just let computers ask lots and lots of specific questions for them.

The company is working on the 3.0 version of its product, which is delivered as a cloud service…

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