Welcome!

News Feed Item

Civis Analytics Raises $22 Million in Series A Funding Led by Drive Capital

Round Fuels Growth and Product Development to Transform Data Science for All Organizations

CHICAGO, Nov. 30, 2016 /PRNewswire/ -- Civis Analytics, the leader in data science software and services, announced today that it has raised a $22 million Series A round of funding led by Drive Capital with participation from Verizon Ventures, WPP, and Eric Schmidt, the Executive Chairman of Alphabet, Inc.

Civis Analytics makes data-driven strategy possible for all organizations. Founded in 2013, Civis Analytics was born out of President Obama's reelection campaign in 2012. Today, Civis assists a fast-growing and diverse group of both public and private sector clients. Its data analytics products and services are deployed with corporations in industries including retail, energy, entertainment, healthcare, as well as with major non-profits, political campaigns, and advocacy groups.

Born out of President Obama's re-election campaign, Civis launched with the help of seed funding from Eric Schmidt in 2013. Since then, the company has been able to bootstrap its own growth, starting as a services firm and growing from 15 to 135 employees. Civis works across all sectors for some of the largest, most impactful organizations, including newly announced clients Verizon, Robin Hood Foundation, and the 2020 U.S. Census in partnership with Young & Rubicam.

Over the past three years, Civis has transformed its services into a comprehensive SaaS platform (pre-loaded with data) for data scientists, as well as a suite of easy-to-use applications for line-of-business users and decision-makers. Civis empowers its customers to make data-driven decisions by providing the same software and battle-tested methodologies that Civis data scientists use. With this funding, Civis plans to accelerate its growth by increasing hiring across the board and making long-term investments in research and development.

"We've spent the last two years searching for the market-defining company in data science and knew we found what we were looking for in Civis," said Chris Olsen, Co-Founder and Partner at Drive Capital. "Dan and his team are proving that if you want to be the market leader in any industry, you must use Civis as the company has built a unique and powerful end-to-end platform providing data science solutions for both technical and business users."

"We are honored to welcome Drive Capital, Verizon, and WPP as investors and grateful for Eric's continued support," said Dan Wagner, Founder and CEO of Civis Analytics. "With this round of funding, we'll be able to innovate more quickly, expand our product offerings, and target new sectors."

"Civis has far surpassed my expectations from the 2012 campaign," Eric Schmidt noted. "Businesses increasingly need data science to win, and Civis is providing the technology and solutions to help them do that. I joined this round of funding as I continue to believe in what the team is building."

As part of this round of funding, Chris Olsen joins Dan Wagner, Eric Schmidt, and Tim O'Reilly on the Civis Analytics Board of Directors.

About Civis Analytics

Civis Analytics makes data-driven strategy possible for all organizations. Founded in 2013, Civis Analytics was born out of President Obama's reelection campaign in 2012. Today, it enables a fast-growing and diverse group of both public and private sector clients to benefit from the power of data. Whether with our services or the Civis data science platform, Civis Analytics unlocks data science for organizations of all sizes with data scientists and analysts of all levels.

Logo - http://photos.prnewswire.com/prnh/20150709/234457LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/civis-analytics-raises-22-million-in-series-a-funding-led-by-drive-capital-300370124.html

SOURCE Civis Analytics

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
HyperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let’s say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
SYS-CON Events announced today that StorageCraft Technology Corp, a global leader in backup and disaster, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. The StorageCraft family of companies, founded in 2003, provides award-winning backup, disaster recovery, system migration and data protection solutions for servers, desktops and laptops in addition to powerful data analytics.
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...