How Ayasdi Made $55 Million From Big Data

The days of the massive funding round for big data platforms aren't over just yet.

If we needed any more evidence that big data is big business, a Stanford University spin-off specializing in data analysis for finance, government agencies, and health care just snagged a $55 million funding round. Ayasdi (which was previously named one of Fast Company's Most Innovative Companies Of 2015) will use the money, which came in a Series C round led by Kleiner, Perkins, Caulfield & Byers, for software upgrades, sales, and marketing.

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