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News • 16 June 2014

TechCrunch: RapidMiner Scoops Up Radoop For Hadoop Analytics Processing

RapidMiner, a big data analytics startup, purchased former partner Radoop, giving it Hadoop processing and access to the Radoop team’s Hadoop expertise. They did not share the purchase price. RapidMiner enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that might require action.

News • 24 February 2014

RapidMiner Positioned in the Leaders Quadrant of the Gartner Magic Quadrant for Advanced Analytics Platforms

Pioneering advanced analytics vendor RapidMiner today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the first “Gartner Magic Quadrant for Advanced Analytics Platforms.” We believe our placement in the Leaders quadrant reflects not only our status as the world’s most frequently downloaded predictive analytics software, but also our ability to provide a platform that supports business analysts, data scientists and business managers,” said Ingo Mierswa, co-founder and CEO of RapidMiner.

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News • 04 November 2013

TechCrunch: German Predictive Analytics Startup Rapid-I Rebrands As RapidMiner, Takes $5M From Open Ocean, Earlybird To Tackle The U.S. Market

Rapid-I — a German specialist in analytics tools that wants to become the industry standard for how enterprises predict the future — is today announcing its first round of funding, a rebrand to RapidMiner, and a new HQ in Boston to jump with two feet into growing its business in North America. The Series A of $5 million — the first money ever raised by RapidMiner.
News • 04 November 2013

BostInno: RapidMiner raises $5M in Series A and Joins Boston’s Big Data Cluster

German open source software and analytics company RapidMiner announced today that it has closed a Series A round worth $5 million led by European investors Earlybird Venture Capital and Open Ocean Capital. In congruence with the financing, RapidMiner (formerly known as Rapid-I) ushers in a number of changes this morning, including a corporate and product rebranding and a move to Boston. According to Xconomy, the company has swiped up space in nearby Burlington, where it will plant its U.S. headquarters.

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