Tamr - clean and organize dirty data

 

Tamr

Headquarters: Cambridge, MA

Founders: Andy Palmer (CEO), Ihab Ilyas, Mike Stonebraker 

Funding: $73.5 million

Valuation: $155 million, via Pitchbook

Data management company Tamr was born out of an MIT research project to apply machine learning to clean and organize so-called dirty data that’s incomplete or inconsistent. Andy Palmer was running data engineering at pharmaceutical company Novartis when MIT’s system was brought in to organize a decade’s worth of biological assay information spread across more than 15,000 tables. The technology worked so well that he and two of the researchers decided to start a company around it. “The only way to curate thousands of tabular data sources that are constantly changing is using an artful combination of machine learning and human expertise,” says Palmer, who is now CEO. In practice, that means that Tamr’s system automatically identifies sources of data across a company that could be useful together and then tags in an employee to instruct the software how to integrate it. The company sells its service to customers like Toyota, GSK and GE, which it says saved over $80 million using Tamr. 

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