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Brainspace Announces Strategic Investment and Development Agreement with In-Q-Tel (IQT)
Partnership will empower the U.S. Intelligence Community with advanced machine learning and data visualization for investigations and cyber security.
Dallas, Texas – October 11, 2016 – Brainspace, creators of Brainspace Discovery™, an industry leader for unstructured data analysis, today announced a strategic partnership agreement with an investment from In-Q-Tel, Inc. (IQT). IQT is the non-profit strategic investor that identifies and accelerates the development of innovative technologies to support the mission of the U.S. intelligence community. This strategic partnership accelerates the emergence of Brainspace as the market leader in analytics for digital investigations and further validates the company’s machine learning technology in supporting the operational requirements of the U.S. intelligence community.
Brainspace is focused on a singular mission: creating machine learning that accelerates human learning. Brainspace’s revolutionary approach to processing information helps surface insights and avenues of inquiry that are difficult to find with any other solution. Enterprises utilize Brainspace Discovery™ 5 to achieve a wide variety of objectives, including early case assessment and investigative analytics for e-discovery, internal investigations, and document classification.
“Throughout the intelligence community there is a huge challenge and untapped value in being able to surface insights, answers, and threats in unstructured data. Add the exponential increases in the volume, velocity, and complexity of data and the challenge seems almost insurmountable” said Dave Copps, Chief Executive Officer at Brainspace. “Our products directly address this need through augmented intelligence. Brainspace Discovery 5 utilizes interactive data visualization as a sort of Lingua Franca connecting people with machine learning and radically improving their productivity. IQT’s investment further validates our mission at Brainspace and reflects the need for machine learning, powerful user experiences, and next-generation investigative tools in a growing number of industries, including federal.”
“When I saw the work that Brainspace was doing inside of very large enterprises with machine learning and analytics I knew this was something IQT’s government partners would find valuable,” said Eugene Chiu, Investments Partner at IQT. “Their unique approach of connecting researchers and analysts to machine learning through interactive visualizations will produce extraordinary value for the intelligence community and beyond.”
About Brainspace Corporation
Brainspace Corporation is altering the field of digital investigations through the unique combination of machine learning technology and interactive data visualizations. Our unique solutions utilize our patented Brainspace platform and are leading the industry in text analytics, e-discovery, digital investigations and defense intelligence. Our customers include the Fortune 500, leading consulting firms, legal service providers, and government agencies.
In-Q-Tel (IQT) is the non-profit strategic investor that accelerates the development and delivery of cutting-edge technologies to U.S. government agencies that keep our nation safe. Established in 1999, IQT’s mission is to identify and partner with startup companies developing innovative technologies that protect and preserve our nation’s security. Visit www.iqt.org for more information.
See the original release at PRNewswire.