More analytics applications than ever are being developed using the open source R programming language. This means integrating these applications with all the other applications that need to consume that information has become something of a challenge. With the release of version 7.0 of its commercial implementation of an R programming environment, Revolution Analytics is trying to simplify that process.
Sociocast raised $1 million in funding from New York’s Raptor Ventures, bringing its total to nearly $6 million. As CEO and founder Albert Azout told Sean Ludwig at Venturebeat, the Prediction API is useful to advertising, social and gaming, retail, finance and government.