{"id":5233,"date":"2013-05-16T14:59:46","date_gmt":"2013-05-16T21:59:46","guid":{"rendered":"http:\/\/www.pixelube.com\/work\/c4c\/?p=5233"},"modified":"2013-05-16T14:59:46","modified_gmt":"2013-05-16T21:59:46","slug":"uw-professors-machine-learning-start-up-graphlab-scores-6-75m-in-venture-funding-joins-c4c-incubator","status":"publish","type":"post","link":"https:\/\/www.pixelube.com\/work\/c4c\/uw-professors-machine-learning-start-up-graphlab-scores-6-75m-in-venture-funding-joins-c4c-incubator\/","title":{"rendered":"CSE professor\u2019s machine learning start-up, GraphLab, scores $6.75M in venture funding, joins C4C incubator"},"content":{"rendered":"<p><a href=\"http:\/\/www.pixelube.com\/work\/c4c\/wp-content\/uploads\/2013\/05\/GraphLab-logo.gif\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.pixelube.com\/work\/c4c\/wp-content\/uploads\/2013\/05\/GraphLab-logo-300x218.gif\" alt=\"GraphLab-logo\" width=\"300\" height=\"218\" class=\"alignleft size-medium wp-image-5234\" \/><\/a><a href=\"http:\/\/graphlab.com\/\" target=\"_blank\">GraphLab Inc.<\/a>, a start-up company founded by UW professor <a href=\"http:\/\/www.cs.washington.edu\/people\/faculty\/guestrin\/\" target=\"_blank\">Carlos Guestrin<\/a>, announced this week a $6.75 million Series A funding led by <a href=\"http:\/\/www.madrona.com\/\" target=\"_blank\">Madrona Venture Group<\/a> and <a href=\"http:\/\/www.nea.com\/\" target=\"_blank\">NEA<\/a>. The company will be taking up residence in the <a href=\"http:\/\/www.pixelube.com\/work\/c4c\/start-ups\/new-ventures-facility\/\" target=\"_blank\">C4C New Ventures Facility<\/a>, UW\u2019s start-up incubator on campus.<\/p>\n<p>Guestrin, who is also the company\u2019s CEO, began the GraphLab open source project five years ago, GraphLab Inc is building a commercial product for applying advanced machine learning to massive graph datasets.<\/p>\n<p><a href=\"http:\/\/www.pixelube.com\/work\/c4c\/wp-content\/uploads\/2013\/05\/Carlos-Guestrin.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.pixelube.com\/work\/c4c\/wp-content\/uploads\/2013\/05\/Carlos-Guestrin.jpg\" alt=\"Carlos-Guestrin\" width=\"251\" height=\"230\" class=\"alignright size-full wp-image-5235\" \/><\/a>\u201cData has the ability to make our lives better \u2013 whether applied to public health, economics, or suggesting the perfect song.  But as the complexity of data sets grows, the need for entirely new ways of thinking about them has grown as well,\u201d said Guestrin.  \u201cThe industry\u2019s response to the GraphLab project has been clear, this is the solution that drives millions of transactions daily and we are excited to continue to build on this success with commercial products that make a difference.\u201d  Guestrin is the Amazon Professor of Machine Learning at the University of Washington.<\/p>\n<p>\u201cGraph data is fundamentally different than other datasets and the analytics solutions that companies are using are time intensive to create and to maintain. There is a significant need for graph-specific solutions to answer some of the bigger questions of our time,\u201d said <a href=\"http:\/\/www.madrona.com\/venture-capital-team\/team-members.asp?name=Matt-McIlwain&#038;member=21\" target=\"_blank\">Matt McIlwain<\/a>, Managing Director, Madrona Venture Group.  \u201cCarlos Guestrin is an exceptional talent who brings both business and engineering experience to the table and we are excited to help build this important company with him and his exceptional team.\u201d<\/p>\n<p><strong>For more information:<\/strong><\/p>\n<p>Read <a href=\"http:\/\/graphlab.com\/press\/\" target=\"_blank\">GraphLab press release<\/a><\/p>\n<p>Read <a href=\"http:\/\/www.geekwire.com\/2013\/heralded-uw-computer-science-professor-scores-65m-graphlab-online-recommendations\/\" target=\"_blank\">GeekWire article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GraphLab Inc., a start-up company founded by UW professor Carlos Guestrin, announced this week a $6.75 million Series A funding led by Madrona Venture Group and NEA. The company will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-5233","post","type-post","status-publish","format-standard","hentry","category-startup-news"],"_links":{"self":[{"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/posts\/5233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/comments?post=5233"}],"version-history":[{"count":0,"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/posts\/5233\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/media?parent=5233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/categories?post=5233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pixelube.com\/work\/c4c\/wp-json\/wp\/v2\/tags?post=5233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}