Information Technology Reference
In-Depth Information
The company was started in New Delhi, India, in 2001 by Anil Kaul, Suhale
Kapoor, and Sudeshna Datta. Since its foundation, AbsolutData Research has
doubled its revenues every year; it opened a new head office in Alameda, Cali-
fornia, near San Francisco, as well as offices in New York and Los Angeles. The
main research laboratory is located in Gurgaon, India.
In 2012, Fidelity Growth Partners in India committed $20 million to help the
company expand into big-data analytics. AbsolutData Research has been ranked
high on various lists of analytics companies and also on lists of fast-growing busi-
nesses such as Asian-American companies by Deloitte. The company employs
about 150 analysts.
Two of the newer “hot topics” to emerge in the 2000s are big data and pre-
dictive analytics . In fact, the two are strongly related because without predictive
analytics, big data by itself has little value.
Andreesen Horowitz
The entrepreneur Marc Andreesen and the venture capitalist Ben Horowitz were
well known in Silicon Valley as private investors who liked interesting technology
startups. Andreesen himself is a software engineer who developed some of the
Mosaic browser features, and he cofounded Netscape. Horowitz was also a tech-
nologist and CEO of Opsware, which was sold to Hewlett-Packard.
On July 6, 2009, the two joined forces to create the Andreeson Horowitz in-
vestment venture capital company in Menlo Park, California. What sets them apart
perhaps from other investors is that both are experts in software and technology
products and hence have an edge in understanding the kinds of new products and
companies that are likely to succeed.
At a time when venture capital was shrinking, Andreesen Horowitz was able to
attract more than $1.2 billion for technology investments. Among the well-known
companies they invested in are many of the top social network organizations, in-
cluding Skype, Twitter, Facebook, and Groupon.
Because of the technical sophistication of the founders, Andreesen Horowitz is
not afraid to tackle early-stage investments for true startups that are just getting
started. They have invested in 66 startups and a total of about 156 companies. This
is one of the advantages of having proven software entrepreneurs as venture cap-
italists.
Andreesen Horowitz is an interesting niche company that helps the software
industry by funding startups as well as larger investments in midstage companies
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