Big offering for big data: Tableau prices stock at $31 per share

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Tableau Software had been boosting its proposed price for Friday’s initial public offering for the past few weeks and now we’ve got a concrete number. The company will price its shares at $31 for Friday’s IPO and offer five million shares, while stockholders are offering 3.2 million shares. It marks the biggest tech IPO of the year, with… Read More…

Heralded UW computer science professor scores $6.75M for GraphLab, looking to make better online recommendations

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It was a major coup last summer when The University of Washington hooked computer science professor Carlos Guestrin, a leading data scientist and expert in machine learning. What wasn’t widely known at the time was that the Guestrin-led open source project, an ambitious undertaking known as GraphLab.org, would soon sprout into its very own startup. But that’s… Read More…

Fast-growing Tableau sets IPO range at $23 to $26 per share

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Tableau Software, the fast-growing 10-year-old Seattle company which helps businesses and organization make better sense of their data, has set terms for its upcoming initial public offering, telling investors that it plans to sell 7.2 million shares at between $23 and $26 per share. At the $24.50 mid-point of that range, Tableau could raise $111.4… Read More…

Hey, NYC: Thanks for finally recognizing Seattle but your infographic stinks

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The Big Apple versus The Emerald City. Could this be an epic showdown over data geeks? That’s the discussion in a story by New York Times reporter Claire Cain Miller who writes that New York and Seattle are “already sparring over which will be the next hotbed, beyond Silicon Valley, for educating these analysts of the… Read More…

Ex-Microsoft exec lands $4.5M to help make life easier for product managers

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We’ve been wondering what former Microsoft vice president Sanjay Parthasarathy has been building ever since we discovered his startup, Indix, 18 months ago.  Parthasarathy, who spent 19 years at Microsoft, including a stint running the company’s Startup Business Accelerator program, still isn’t saying much about Indix. However, he did just score $4.5 million in fresh funding from Nexus Venture… Read More…

Versium debuts ‘LifeData’ analytics platform to help companies fully understand customers

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A Seattle data technology startup is taking the phrase “know your customer” to a whole new level. Versium Analytics today introduced a new analytics platform called LifeData. Led by former InfoSpace executives Chris Matty and Kevin Marcus, the 12-month-old company is trying to help organizations learn more about their customers by using a patent-pending technology that verifies and cross-indexes large… Read More…

How big data will transform politics, education and just about everything else

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Big data requires big thinkers. And some of Seattle’s top minds — from University of Washington computer scientist Oren Etzioni to Context Relevant CEO Stephen Purpura to Amazon.com’s Charlie Bell — turned out this week as Madrona Venture Group hosted a round table discussion on the topic with authors Viktor Mayer-Schonberger and Kenneth Cukier. Madrona’s Matt McIlwain,… Read More…

This startup wants to be the Dropbox for ocean data

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With the backdrop of fish swimming by at the Seattle Aquarium, OneOcean Corp. CEO Don Pickering on Tuesday night took the wraps off his company’s debut product, an ambitious new file sharing service called ClipCard. In the works for more than two years, OneOcean’s cloud-based service is a bit like Dropbox, just for  the massive… Read More…

SpaceCurve claims Big Data record after processing petabytes of data per day

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Seattle big data startup SpaceCurve announced today that it has set a real-time Big Data performance record for ingesting streaming data and spitting out numbers immediately for queries. SpaceCurve ran a full-blown analytics test on Tweet records that averaged 2,500 bytes in size and included location, user and time information. The rate of operation was done at millions… Read More…

New computing institute on UW campus will focus on big data problems

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The University of Washington is already a budding hub for computer science. Now, with some help from a national laboratory, the Seattle campus will become even more of a CS powerhouse. The UW and Pacific Northwest National Laboratory have formed the Northwest Institute for Advanced Computing. Researchers there will jointly focus on developing solutions related… Read More…