Predixion Software Raises $20 Million for Predictive Analytics

7-8-2013 10-50-59 PM

San Juan Capistrano, CA-based Predixion Software raises a $20 million Series C funding round led by Accenture, GE Ventures, EMC and others. Predixion provides predictive analytics tools for healthcare, life sciences, financial services, government, manufacturing, and e-commerce. The analytics platform is self service, meaning that users can extract meaning from their data based on their own initiatives.

In addition to the funding, Predixion announced that it will enter into a strategic partnership with Accenture to co-develop a custom analytics tool for its clients. Predixion averaged more than 800 percent revenue growth in 2011 and 2012. The company ended Q1 2013 with more revenue for the quarter than it earned in all of 2012.

Funding proceeds will be used to accelerate product development and to scale the company’s sales and marketing organizations to handle the increase in demand.

  • James

    This company is a mover. Keep an eye out.

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