Big Squid, a Salt Lake City, UT-based predictive analytics and automated machine learning software company, raised a $9M Series A-1 funding round.
The round, which brings total amount raised to date to over $18.5M, was led by Lewis & Clark Ventures, with participation from existing investors Silverton Partners, Signal Peak Ventures, and Kickstart Seed Fund.
The company intends to use the funds to further develop its Kraken platform.
Led by Chris Knoch, CEO, Big Squid provides a platform that allows analysts and business decision makers to apply machine learning to their data in order to instantly uncover correlations and identify the top influencers driving outcomes in their businesses. The company specializes in all aspects of Business Intelligence, Data Science, Machine Learning and Predictive Analytics with more than 1,000 data and strategic Business Intelligence platform implementations.