Tamr receives $16 million in funding

Posted May 19, 2014

Tamr is a Cambridge-based “big data” startup that has raised $16 million in funding from Google Ventures and New Enterprise Associates. Tamr was co-founded by Andy Palmer, who previously helped launch operational database startup VoltDB. Palmer also founded Koa Labs, which is a co-working space in Cambridge. 

Tamr will be adding two new board members as part of the funding: Rich Miner (co-founder of Android and head of Google Ventures’ East Coast) and Peter Barris (managing general partner of New Enterprise Associates). Tamr can analyze tens, hundreds, and thousands of data sources and it applies advanced algorithms and machine learning to compile business data.

?Tamr is groundbreaking,? stated Palmer. ?It brings to enterprise data the kind of advanced curation that?s defined successful data-driven consumer Internet companies. Early Tamr customers are getting some impressive results from the Tamr platform.?