The PLM Insider
Jyotirmoy Dutta works as a PLM Lead Consultant at Infosys with more than 13 years of expertise in PLM Strategy Consulting, Solution Architecting, Offshore Project Management and Technical Leadership. He has led several full life-cycle PLM implementations, in the Consumer Products, Electronics & … More »
January 30th, 2012 by Jyotirmoy Dutta
This recent newspaper article caught my eye: “Mu Sigma receives $108 million funding” . “Mu Sigma, the analytics and decision-support services company, has received a $108 million investment round led by private equity firm General Atlantic. While $93 million came from General Atlantic, the remaining came from venture capital firm Sequoia Capital, which had previously (in April) led a $25-million round of funding of Mu Sigma.”
There has been some recent action going on in the analytics software market. In September, US-based predictive analytics provider Opera Solutions received $84 million in funding, which the Wall Street Journal said values the firm at $500 million. After acquiring crime data intelligence software developer i2, Big Blue bought Canadian risk management analytics software developer Algorithmics for $387 million in the same month.