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QOMPLX secures 12 US tech patents in 2019 - Reinsurance News


QOMPLX, an intelligent decision platform provider startup formerly known as Fractal, has announced that it was awarded 12 US patents for innovations in 2019. The patents, which span cybersecurity, insurance, finance and data infrastructure, allow QOMPLX a 20-year period of exclusivity to the technologies. The most recent patent, issued on December 24, 2019, was for QOMPLX's platform for multi-cloud and cloud-edge computing architectures. In addition to the 12 awarded in 2019, QOMPLX has dozens more pending patents in the U.S. and other select countries. "These patents continue to demonstrate the groundbreaking applied research and development initiatives inside QOMPLX as our team transforms enterprise analytics across cybersecurity, insurance and quantitative finance," said Jason Crabtree, CEO, QOMPLX.

Fractal rebrands as Qomplx, raises $78.6m in Series A financing


Analytics and insurance software provider Qomplx, formerly known as Fractal Industries, has secured $78.6 million Series A financing led By Cannae Holdings and Motive Partners. The company will use the growth capital to support its continued expansion and innovation. Qomplx's platform makes it faster and easier for organisations in cybersecurity, insurance underwriting and quantitative finance to integrate all of the disparate data sources into a unified analytics infrastructure to make better decisions. "This investment strengthens our ability to work with enterprises that are struggling to integrate many disparate point solutions into something that allows them to make better decisions," said Jason Crabtree, CEO of Qomplx. "At Qomplx we are focused on aiding clients in realizing the advantages of a unified analytics infrastructure that does data collection, ingestion, schematization, normalization, semantification, storage, analysis and even simulation with select purpose-built applications already available in cybersecurity, insurance and quantitative finance."

Greenfield Data Platform Implementation: Enabling Data Science on Azure


Greenfield Data Platform Implementation: Enabling Data Science on Azure Building a Data and Analytics Platform from scratch is always difficult yet exciting and rewarding. There are many keys to success and getting this off the ground running before you get lost in the myriad of offerings, tools, and technologies ranging from Data Orchestration Tools, ETL / ELT, Cloud Data Warehouses, and BI tools. During this talk, we'll discuss some of the key areas to consider, tools and important concepts to ensure success in the delivery of a data platform. We'll walk you through a recent customer success story who decided on using Airflow, Stitch, Databricks, Snowflake, and Looker, and walk through some of the key factors into making these decisions and finally discuss some great KPIs and ROIs that was realized very early on. Whether you're looking to build a platform from scratch or looking to enhance your current data capabilities, we'll walk through this journey, some best practices and lessons learned.

Top 25 AI Startups Who Raised The Most Money In 2019


These and many other fascinating insights are from an analysis of AI startups' funding rounds in 2019 using Crunchbase Pro research. AI startups who have had seed, early-stage venture or late-stage venture funding since December 31, 2018, and are U.S.-based are included in the analysis which is provided here. Crunchbase Pro found 499 startups meeting the search criteria as of today. Their AI strategies include improve every aspect of the customer's lifecycle from pricing through scheduling post-stay cleans. The company manages a growing portfolio of more than 14,000 vacation homes in the U.S, Europe, Central, and South America, and South Africa.

Ed Valdez on LinkedIn: #strategy #ai #management


Enables metric-driven B2B/B2C Growth: Ask me how! @edvaldez8888 Highlights: In 2020, AI companies raised $33B despite a slump in total deals. There were also major exits: * Amazon's $1.2B acquisition of autonomous driving startup Zoox in June 2020; * Medical imaging unicorn Butterfly Network, Inc.'s $1.5B public market debut via a merger with Longview Acquisition Corp. in February 2021, and * Risk analytics company QOMPLX's $1.4B merger announced in March 2021. To read more, click the link in the 1st comment.