Predictive analytics company Trufa raises $4.5 million in Series A
Trufa is a predictive analytics company that has raised $4.5 million in Series A funding led by Accel Partners. The funding will be used for product development and expansion in new markets. Trufa is known for building predictive analytics applications, which allows enterprises to analyze large amounts of operational data and identify opportunities.
Trufa spun out of Walldorf, Germany based company called VMS. VMS is a provider of SAP outsourcing services.
“Enterprises store vast amounts of valuable data that can help improve operational efficiency and therefore financial performance”, stated Ralph Treitz, CEO of Trufa. “We are excited to offer our customers a solution that takes the guessing game out of operational improvement initiatives, replacing intuition with data. Our One Week Integration Challenge and tablet delivery complete Trufa’s new approach to operational data and decision making.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry