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Immuta Named to CNBC Upstart 100 List

October 9, 2018

COLLEGE PARK, Md.--(BUSINESS WIRE)--Oct 9, 2018--Immuta, the leading provider of enterprise data management solutions for artificial intelligence (AI), today announced it has been named to CNBC’s Upstart 100 list of the most promising up-and-coming companies with the potential to transform industries. CNBC recognized Immuta from hundreds of nominations as a barrier-breaking company on the path to becoming a household name.

The Immuta platform enables algorithmic-driven enterprises to quickly operationalize data for increased access, control and visibility to drive their machine learning and advanced analytics programs. In turn, this frees up data science teams to work with all of an organization’s data without being hamstrung by complex security regulations or information governance policies.

According to Gartner¹, by 2022, enterprise AI projects with built-in transparency will be twice as likely to receive funding from CIOs. Immuta enables data teams and compliance professionals to collaborate more effectively to deliver better models faster, while enabling compliant data access at the enterprise-scale.

Immuta has achieved record growth in 2018. The company closed a $20 million Series B funding round led by DFJ Growth in June, welcomed Matt Zames, President of Cerberus Capital Management, L.P., to its board of directors in September, and was recently named a Gartner Cool Vendor in Data Science and Machine Learning.

Matthew Carroll, CEO and Co-founder, Immuta

“This has been a remarkable year of growth for Immuta, and we are honored to be recognized by CNBC as a company with the power to transform data management and governance. Enterprises face critical crossroads in how they can access, use and store their data for analytics in a legal, compliant and ethical way. We are committed to giving data science teams unparalleled control over the data feeding algorithms, enabling greater transparency and visibility into machine learning and AI.”

Additional Resources:

For additional information and to view CNBC’s full Upstart 100 list, visit: www.CNBC.com/Upstart. For more information about Immuta’s data management for AI platform, visit www.immuta.com. Visit our blog, and join the conversation on Twitter, LinkedIn, and Vimeo.

¹ Gartner, Cool Vendors in Data Science and Machine Learning, Peter Krensky, Svetlana Sicular, Jim Hare, Erick Brethenoux, Austin Kronz, 11 September 2018.

About Immuta

Immuta is the fastest way for algorithm-driven enterprises to accelerate the development and control of machine learning and advanced analytics. The company’s hyperscale data management platform provides data scientists with rapid, personalized data access to dramatically improve the creation, deployment, and auditability of machine learning and AI. Founded in 2014, Immuta is headquartered in College Park, Maryland.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005847/en/

CONTACT: fama PR for Immuta

Whitney Parker, 617-986-5011

Immuta@famapr.com

KEYWORD: UNITED STATES NORTH AMERICA MARYLAND

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE

SOURCE: Immuta

Copyright Business Wire 2018.

PUB: 10/09/2018 11:25 AM/DISC: 10/09/2018 11:25 AM

http://www.businesswire.com/news/home/20181009005847/en

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