Capnamic Ventures invests in Data Science Platform Contiamo
Berlin, May 16, 2017 – Tech-VC Capnamic Ventures has officially announced its investment in the data science platform Contiamo (www.contiamo.com). Capnamic joins an existing network of investors, including hub:raum and Vogel Ventures. Contiamo will use the investment to further expand its product portfolio and international sales activities.
Contiamo’s data science platform enables businesses to use their data better and make more informed decisions, amongst others in use cases like intelligent customer segmentation, journey analysis or applications of artificial intelligence. The platform makes it easy to connect to data from any source – such as CRM data, transaction data or behavior data – and analyze them in real-time. Data scientists can develop predictive models and scenario analyses and operationalize them in the form of interactive decision tools or process automations. “Contiamo brings data science and business teams together on one platform. This gives decision makers direct access to insights from advanced data analysis to base their decisions on,” explains Michael Franzkowiak, co-founder and CEO of Contiamo.
So far, the company’s primary focus has been product development. With the new investment, Contiamo plans to further expand its product portfolio and international presence. Capnamic partner Olaf Jacobi believes in Contiamo’s growth potential: “The data analytics landscape is changing dramatically – data-driven organizations increasingly demand more flexibility and analytical depth while providing self-service data discovery for business users. Contiamo enables businesses to share advanced insights across the whole organization. This is a technology with tremendous growth potential.”
Contiamo’s data science platform enables companies to leverage the potential of their data to make better decisions. Data from any source can be easily connected and analyzed within the platform. Unlike traditional business intelligence solutions, Contiamo offers access to self-service data analysis and visualization in real-time. Data scientists can develop own machine learning and artificial intelligence models in Contiamo and make the insights available across the whole organization.
Contiamo (www.contiamo.com, @contiamo) was founded in Berlin in 2011 by Michael Franzkowiak, Daniel Mahlow and Christopher Baynes. Tilmann Doll joined in February 2016 as Chief Operating Officer. Contiamo’s customers include telecommunications providers, such as Deutsche Telekom and media houses, such as Ringier Axel Springier and Vogel Business Media.
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About Capnamic Ventures
Capnamic Ventures (www.capnamic.com) is one of Europe’s leading early-stage Venture Capital firms, with offices in Berlin and Cologne. The VC invests most of its funds in tech-startups in the German-speaking region. Beyond that, Capnamic joins forces with international co-investors. All portfolio companies are supported through Capnamic’s global network of established industry partners. The venture capital firm combines expertise drawn from more than 70 investments, 13 IPOs and a strong entrepreneurial track record in the team. The general partners are Jörg Binnenbrücker (@bibrue), Olaf Jacobi (@olafjacobi) and Christian Siegele.