OneFold, a mobile and wearable data analytics platform, has raised $400,000 in a seed round of funding from Studio 9+ and a pool of angel investors. The majority of the angel investment came from the Studio 9+ Syndicate on AngelList.
OneFold is focused on Big Data generated by Mobile and Wearables. OneFold eliminates the burden on data scientists for 80% of analytical insights needed by Product Managers and Marketing organizations to optimize Mobile App revenues (projected to reach $200B yearly run rate by 2017 in m-commerce, travel, financial & gaming verticals). Companies in the big data space, but focused on other aspects of big data analytics are: Databricks (Funded by A16Z), Trifacta (funded by Greylock, Accel Partners), and ClearStory Data (funded by KPCB, Google Ventures, A16Z), and Origami (funded by Accel, Lightspeed and Jafco Partners).
Based in Menlo Park, California, OneFold is founded by engineer entrepreneurs from Oracle and Intuit, with 20+ years experience building and growing mobile and enterprise software products in small and large Silicon Valley companies. OneFold has been accelerated at Studio 9+ accelerator (www.studio9plus.com). Learn more at www.OneFold.io