11 August 2016


RapidMiner Names Tim O’Toole Chief Financial Officer, Bolsters Advisory Board

BOSTON, Mass., Aug. 11, 2016—

RapidMiner, the leading open source predictive analytics platform, today announced Tim O’Toole as its Chief Financial Officer, and the additions of Vijay Kotu and Rock Gnatovich to the company’s advisory board.

Software industry veteran O’Toole is responsible for RapidMiner’s finance and legal functions. O’Toole has developed a specialty in leading finance at high growth tech startups. Prior to joining RapidMiner, he served as CFO of Yotta, Dyn, and Rapid7. Earlier in his career, O’Toole was on the senior leadership team at Bladelogic, leading the company through its 2007 initial public offering.

“Predictive analytics is now at the forefront of every business conversation, as companies use data science to increase revenue, cut costs, and avoid risks,” said O’Toole. “RapidMiner is a recognized leader in the areas of predictive and prescriptive analytics, and I look forward to helping build the foundation for our continued growth.”

In addition to appointing O’Toole as Chief Financial Officer, RapidMiner has added two new members to its advisory board:

“We’re thrilled to welcome Tim, with his experience scaling high growth tech companies, to the RapidMiner team,” said Peter Lee, CEO of RapidMiner. “Tim, Vijay, and Rock all provide RapidMiner with the exceptional business acumen we need to continue to lead the exploding predictive analytics market.”

About RapidMiner

RapidMiner, the industry’s #1 open source predictive analytics platform, is disrupting the industry by empowering enterprises to include predictive analytics in any business process—closing the loop between insight and action. RapidMiner’s effortless solution makes predictive analytics lightning-fast for today’s modern analysts, radically reducing the time to unearth opportunities and risks. RapidMiner delivers game-changing expertise from the largest worldwide predictive analytics community. For more information, visit rapidminer.com.

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