Website: http://www.stardog.com
Type of Company: IT Services
Company Status: Active
Business: Stardog is an enterprise data unification platform built on smart graph technology: query, search, inference, and data virtualization.
Outcome:
Co-investors: Core Capital
Global solution provider Accenture Wednesday unveiled an investment in Stardog, a developer of technology that develops knowledge graphs of data that can be used by generative AI for detailed searches.
Stardog is the developer of Stardog Enterprise Knowledge Graphs, a technology that combines data from multiple sources and makes it machine-understandable without changing the underlying data. The aim is to allow such data to be easily searched, and it is being touted as a way to improve searches using generative AI.
In 2017, Kobe Steel announced it had been shipping improperly certified raw products to 500 customers for more than a decade. Industry analysts blamed rigid, vertical data silos for allowing product divisions to operate outside higher management oversight.
Jump to 2019: The EU's GDPR regulations and California's CCPA required companies to unify data residing in multiple places. The cost of noncompliance is high; in the case of GDPR, a fine of 4% of global revenue or 20 million euros, whichever is greater. In this new world of regulation, what you don’t know as an enterprise can hurt you — literally.
Stardog, the leading enterprise data unification platform, today announced that it has executed a Series B round, securing $9 million in financing led by Tenfore Holdings with participation from Grotech Ventures, Boulder Ventures, and Core Capital.
