KPMG Capital, whose first investment fund was created to accelerate innovation in data and analytics, has taken a “substantial” equity stake in Bottlenose, a Los Angeles-based real-time trend intelligence company. The Bottlenose cloud-based trend intelligence solution analyzes real-time streaming data, and according to the company can automatically identify actionable patterns in streams of data from multiple sources in real-time, and provide a cross-correlated view of the trends that can affect a client’s business.
The amount of KPMG Capital’s investment was not disclosed.
[Image courtesy: Bottlenose]