Company:RJMetrics

From HandWiki
RJMetrics
TypePrivate startup
IndustryComputer software
FoundedPhiladelphia, Pennsylvania (2008)
FounderJake Stein and Robert J. Moore
Headquarters
Philadelphia
,
U.S.
Number of employees
71 (September 2014)
Websitewww.rjmetrics.com

RJMetrics is an American software company headquartered in Philadelphia, Pennsylvania. The company offers big data analytics to small and midsize businesses.[1]

History

RJMetrics was founded in 2008 by Jake Stein and Robert J. Moore.[citation needed] The company had over 300 customers as of September 2014.[2]

Funding

RJMetrics was a bootstrapped company[3] until it received its first round of funding in 2012. The seed round was $1.2 million and came from Red Swan Ventures, Vision Ventures, SoftTech VC, Zelkova Ventures, Lerer Ventures, and SV Angel.[4] In May 2013, RJMetrics received its Series A funding of $6.25 million from Trinity Ventures and SoftTech VC.[5]

In September 2014, RJMetrics received its Series B funding of $16.5 million from SoftTech VC, Trinity Ventures, and August Capital.[6] To-date, the Series B funding is one of the biggest rounds of funding received by a Philadelphia-based IT startup.[7]

Acquisition

In August 2016, Magento acquired RJMetrics, and Stitch, Inc. was spun out as an independent company, with the same investors as RJMetrics.[citation needed]

Platform

RJMetrics is a software as a service business intelligence platform.[8] In July 2014 RJMetrics announced the v2 release of its product and rebranded as an analytics platform.[9] The release included improvements to every major part of the software.

  • Analytic Warehouse: Built on Amazon Redshift
  • Transformation Cluster: Built on top of Hadoop
  • Visualization Interface: Allows users to perform cohort analysis, calculate repeat event probability, and combine data from multiple sources

Data journalism

RJMetrics has received a significant amount of press for their data journalism. Notable coverage includes:

  • The Wall Street Journal covering RJMetrics’ analysis of Crunchbase[10]
  • Fast Company covering RJMetrics’ analysis of Airbnb[11]
  • Forbes covering RJMetrics’ analysis of the ALS ice bucket challenge[12]
  • TechCrunch covering RJMetrics’ analysis of the Biz Stone's Jelly App[13]

In 2012, comedian Daniel Tosh covered RJMetrics' analysis of Chatroulette[14]

References

  1. ↑ "Big Data for Small Businesses". Inc.. 2012-10-31. http://www.inc.com/magazine/201211/elizabeth-woyke/big-data-for-small-businesses.html. 
  2. ↑ "RJMetrics bags $16.5 Million in Series B Funding". Dataconomy. 2014-09-16. http://dataconomy.com/rjmetrics-bags-16-5-million-in-series-b-funding/. 
  3. ↑ "Self Finance or Raise Money? A Quandary for Start Ups". New York Times. 2013-06-19. https://www.nytimes.com/2013/06/20/business/smallbusiness/self-finance-or-raise-money-a-quandary-for-start-ups.html?pagewanted=all. 
  4. ↑ "After Three years of Bootstrapping, RJMetrics Raises $1.2 Million from Fab's CEO and SoftTech". Business Insider. 2012-01-03. http://www.businessinsider.com/rjmetrics-1-million-jason-goldberg-sv-angel-2012-1. 
  5. ↑ "RJMetrics Raises $6.5 Million from Trinity Ventures for Ecommerce Boom". TechCrunch. 2013-05-15. https://techcrunch.com/2013/05/15/business-intelligence-startup-rjmetrics-raises-6-5m-from-trinity-ventures-for-ecommerce-boom/. 
  6. ↑ "Business Analytics Company RJMetrics Raises $16.5M Round Led By August Capital". TechCrunch. 2014-09-15. https://techcrunch.com/2014/09/15/rjmetrics-series-b/. 
  7. ↑ "RJMetrics Just Raised $16.5M". Technically Philly. 2014-09-15. http://technical.ly/philly/2014/09/15/rjmetrics-16-2m-series-b/. 
  8. ↑ "Startup Spotlight: RJMetrics Offers Analytics for Everyone". Enterprise Apps Today. 2014-05-23. http://www.enterpriseappstoday.com/business-intelligence/startup-spotlight-rjmetrics-offers-analytics-for-everyone.html. 
  9. ↑ "RJMetrics Releases Complete Analytics Platform for Online Businesses". Inside Big Data. 2014-07-16. http://inside-bigdata.com/2014/07/16/rjmetrics-releases-complete-analytics-platform-online-businesses/. 
  10. ↑ "Study Examines the Clubby World of Venture Capital". The Wall Street Journal. 2013-07-12. https://blogs.wsj.com/venturecapital/2012/08/13/study-examines-clubby-world-of-venture-capital/. 
  11. ↑ "Airbnb By the Numbers: 85% of Users Inactive?". Fast Company. 2012-04-27. http://www.fastcompany.com/1835654/airbnb-numbers-85-users-inactive. 
  12. ↑ "Were the Ice Buckets Worth It? New and Deeper Analytics Say 'Yes'". Forbes. 2014-09-03. https://www.forbes.com/sites/cherylsnappconner/2014/09/03/were-the-ice-buckets-worth-it-new-and-deeper-analytics-say-yes/. 
  13. ↑ "Jelly Sees 100k Questions In First Week Says RJMetrics, Of Which 25% Received Answers". TechCrunch. 2014-01-14. https://techcrunch.com/2014/01/14/jelly-sees-100k-questions-in-first-week-says-rjmetrics-of-which-25-received-answers/. 
  14. ↑ "Where Are the Perverts?!". Tosh.0 Blog. 2010-03-18. http://tosh.cc.com/blog/2010/03/18/where-are-the-perverts. 

External links



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