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NEWS7 April 2014

AOL co-founder to invest in three data and analytics companies

Data analytics Financials News North America

US — AOL co-founder Steve Case has committed to investing $1m in 10 startup companies, including three analytics and intelligence firms.

Case has pledged £100,000 to each of the companies that took part in last week’s Google for Entrepreneurs Demo Day.

The Demo Day brought together 10 startups from Google’s seven-city North American Tech Hub Network to pitch their companies to an audience of more than 60 investors, and receive feedback from panelists, which included Case, Steph Palmeri (SoftTech VC), and MG Siegler (Google Ventures).

Companies in line for Case’s investment include Automated Insights, which has developed a platform to convert data into narrative reports by spotting patterns, correlations and key insights; Docalytics, which tracks customer interaction with a company’s downloadable content such as case studies and white papers; and GoSpotCheck, which is designed for field teams to collect, structure and analyse retail data.

According to Case, investments will be made during each of the companies’ next fundraising rounds.

@RESEARCH LIVE

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