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§ Private Profile · Redwood City, CA, USA
Platform uses big data and machine learning for cognitive predictive maintenance and predictive analytics for IIoT, SaaS, and ISVs.
Founded in 2011 by Sundeep Sanghavi, Shyamantak Gautam, and Ruban Phukan, DataRPM incorporated and went live during 2012. The company provides a platform combining big data and machine learning to build cognitive data products and predictive analytics solutions for the industrial Internet of Things market. Backed by Tier 1 venture capitalists and angel investors, the founders previously identified 2 billion 200 million dollars in profit-generating cognitive data products. The platform enables independent software vendors, SaaS companies, and industrial organizations to gather, analyze, and extract insights from large-scale digital data. Progress Software subsequently acquired DataRPM to integrate machine learning capabilities into its digital experience suite, aligning with a cognitive-first platform strategy. This acquisition was valued at 30 million dollars, comprising 28 million 300 thousand dollars in cash and 1 million 700 thousand dollars in restricted Progress stock.
DataRPM has raised $5.8M across 2 funding rounds.
DataRPM has raised $5.8M in total across 2 funding rounds.
DataRPM has raised $5.8M in total across 2 funding rounds.
DataRPM's investors include Center for Innovative Technology, Khaled Nasr, InterWest, Steve Krausz, 20K Industries, Tom Weithman.
DataRPM has raised $5.8M across 2 funding rounds. Most recently, it raised $5.0M Series A in March 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2014 | $5M Series A | Center For Innovative Technology, Khaled Nasr | InterWest, Steve Krausz | Announced |
| Nov 14, 2013 | $800K Venture Round | — | 20K Industries, TOM Weithman | Announced |
DataRPM is an enterprise software company that built a cognitive analytics and predictive-maintenance platform using automated machine‑learning and natural‑language query to help asset‑intensive organizations and ISVs turn operational and business data into prescriptive insights and productized “cognitive data products.”[2][3]
High-Level Overview
DataRPM built a cloud and on‑prem Instant Analytics / Cognitive Data Products platform that combines automated ML, meta‑learning and a natural‑language search interface so non‑data scientists can build and embed analytics and predictive models into applications and workflows.[1][3]The company’s core users were industrial enterprises and ISVs seeking predictive maintenance and asset‑health solutions, plus analytics teams and business analysts embedding multi‑tenant BI and cognitive features into products.[2][1]DataRPM’s value proposition was faster, automated model building and deployment (including unsupervised and semi‑supervised approaches for unknown failure modes) that reduced time‑to‑insight and resource needs while enabling productized analytics at scale.[5][4]
Origin Story
DataRPM was founded in 2012 and headquartered in Redwood City, California, with offices in Fairfax, VA and Bangalore, India according to company profiles and interviews.[3][1]The founding team drew on expertise in machine learning, natural‑language question answering and big data to create a platform that let business users “point to their data” and begin querying while the system automatically generated predictive recipes and insights.[3][6]Early commercial traction came from industrial and membership‑driven organizations using the platform for personalization and predictive maintenance; that traction and the platform’s IP led to DataRPM’s acquisition by Progress in 2017 to add machine‑learning and cognitive predictive‑maintenance capabilities to Progress’s product portfolio.[2][4]
Core Differentiators
Role in the Broader Tech Landscape
DataRPM rode multiple converging trends: the push to operationalize ML in enterprises, demand for automated ML to address talent bottlenecks, and growth of Industrial IoT and predictive‑maintenance use cases that require scalable, embedded analytics.[3][5]Timing mattered because enterprises were shifting from exploratory analytics toward productized, embedded decisioning systems—creating demand for platforms that combined automation, explainability and in‑product integration.[1][3]Market forces in its favor included rising telemetry volumes from industrial sensors, the need to reduce downtime and maintenance costs, and ISVs’ appetite for embedded analytics to increase product stickiness.[2][3]By enabling non‑data‑scientists to build analytics and by providing a path to embed ML into applications, DataRPM influenced the ecosystem toward commoditizing parts of model development and accelerating ISV-enabled analytics adoption.[3][1]
Quick Take & Future Outlook
Following its 2017 acquisition by Progress, DataRPM’s technology was positioned to scale through Progress’s ISV and enterprise channels—suggesting the likely trajectory was product integration, wider distribution of its cognitive predictive‑maintenance capabilities, and continued embedding of automated ML into developer platforms.[2][4]Key trends that will shape the original DataRPM proposition are continued demand for AutoML and explainable models, the industrial push to edge and hybrid deployments, and ISVs’ ongoing need to turn data into embedded features rather than standalone dashboards.[5][1]If its cognitive and meta‑learning foundations were effectively integrated into a larger platform, the lasting influence is likely accelerating how ISVs and enterprises productize data‑driven features and bring predictive maintenance and personalization into operational workflows.[3][2]