Predictive Analytics Start Up Gets Cash Infusion From Banks

By  |  September 26, 2014
 | 

Predictive analytics firm Context Relevant has secured backing from some familiar banking players. The $13.5 million in new funding, on top of $21 million announced four months ago, comes from Bank of America Merrill Lynch, Bloomberg Beta, Goldman Sachs, Formation 8 and New York Life, Venturebeat reported.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “In the case of Bank of America Merrill Lynch and Goldman Sachs, the participation has strategic meaning: The banks are using the startup’s technology,” the story said.

    Established in 2012, Seattle-based Context Relevant has now raised $42 million.


    Recommended

    Robinhood

    Robinhood Tackles Prediction Market Expansion With NFL Bets

    Why the ‘Person’ of the Year in 2025 Should Be the Chatbot

    Visa Akamai

    Visa and Akamai Collaborate to Solve Identity Challenges in Agentic Commerce

    Monzo Investor Group Seeks to Reinstate FinTech's CEO

    See More In: , , , , , , ,