Infer Raises $10M Round in Series A Funding from Top Investors

Press Release: Redpoint Ventures Leads Series A Funding Round

PALO ALTO, CALIFORNIA – April 23, 2013Infer Inc., a company that delivers data-powered business applications inspired by the consumer web, today announced it has closed $10 million in Series A funding led by Redpoint Ventures, with Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures, and influential angel investors also participating in the round. Infer helps businesses accurately predict and act on their highest potential customers.

Introducing Infer: Partying on Business Data

After nearly three years of development, today, my team and I are extremely excited to finally launch our company Infer. Our goal is to help companies significantly win more customers by providing applications inspired by the deep data science and simplicity of the consumer web.

Why we’re doing this

My co-founders and I had the great opportunity to work on large scale data products at consumer web companies like Google, Microsoft, and Yahoo! There we witnessed first hand the impact cutting-edge data science and systems infrastructure have on making properties like Google Web Search so great and relevant. The rigor that takes place behind the scenes here is truly unbelievable.

However, when you compare the scientific approach that underpins popular consumer facing properties to how companies internally leverage their own data for important business decision making, it’s astoundingly poor in comparison.