RapidMiner

RapidMiner, formerly known as YALE (Yet Another Learning Environment), is a data science software platform developed by the company of the same name that provides an integrated environment for data preparation, machine learning, deep learning, text mining, and predictive analytics.

RapidMiner builds a software platform for data science teams that unites data prep, machine learning, and predictive model deployment.

RapidMiner was founded in 2007 by Ingo Mierswa & Ralf Klinkenberg. The company is headquartered in Boston, Massachusetts, with offices in UK, Germany and Budapest.

RapidMiner is used for business and commercial applications as well as for research, education, training, rapid prototyping, and application development and supports all steps of the machine learning process including data preparation, results visualization, model validation and optimization.

RapidMiner brings artificial intelligence to the enterprise through an open and extensible data science platform. Built for analytics teams, RapidMiner unifies the entire data science lifecycle from data prep to machine learning to predictive model deployment. More than 575,000 analytics professionals use RapidMiner products to drive revenue, reduce costs, and avoid risks.

RapidMiner eliminates the complexities of cutting edge data science by making it easy to use the latest machine learning algorithms and technologies like Tensorflow, Hadoop, and Spark.

RapidMiner is developed on an open core model. The RapidMiner Studio Free Edition, which is limited to 1 logical processor and 10,000 data rows is available under the AGPL license, by depending on various non-opensource components. Commercial pricing starts at $5,000 and is available from the developer.

 

RapidMiner is backed by Nokia Growth Partners, Ascent Venture Partners, Longworth Venture Partners, Earlybird Venture Capital, OpenOcean and others. The company has raised a total of $36M in funding to date.

 

RapidMiner won the CogX A.I. Award for “Best Innovation in Predictive Analytics” at CogX London 2017. The company was also recognized as a 2018 Gartner Peer Insights Customers’ Choice for Data Science and Machine-Learning Platforms..

 

 

  • Year founded: 2007
  • Funding Info: $36M over 3 Rounds (Latest Funding Type: Series C)- RapidMiner has also acquired Radoop in Jun 17, 2014!
  • Yearly Revenue: $15M-$20M (2019)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Boston
  • State: Massachusetts
  • Country: United States
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