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Home > News & Insights > Ever hear of Bayesian analysis? It just landed this company $6.6M

Ever hear of Bayesian analysis? It just landed this company $6.6M

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By Paul Gillin

SigOpt Inc. works in a data analytics discipline that is so specialized that few people outside of the data science field can even understand it, much less explain it. That hasn’t stopped the eight-person venture from raising a $6.6 million series A funding round led by blue-chip Silicon Valley venture capitalist Andreessen Horowitz for its “optimize everything” cloud platform. That brings total funding for the two-year-old company to $8.8 million.

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