{"id":658124,"date":"2013-05-15T07:23:05","date_gmt":"2013-05-15T11:23:05","guid":{"rendered":"https:\/\/www.pehub.com\/?p=202089"},"modified":"2013-05-15T07:23:05","modified_gmt":"2013-05-15T11:23:05","slug":"enlightenment-capital-invests-in-opera-solutions","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/658124","title":{"rendered":"Enlightenment Capital Invests in Opera Solutions"},"content":{"rendered":"

Enlightenment Capital<\/strong> has invested in Opera Solutions<\/strong>. Financial terms were not announced. Jersey City, N.J.-based Opera Solutions is a Big Data analytics firm. Other Opera investors Silver Lake Sumeru<\/strong>, Wipro Limited<\/strong>, Accel-KKR<\/strong>, Invus Financial Advisors<\/strong>, JGE Capital Management<\/strong> and Tola Capital<\/strong>.<\/p>\n

PRESS RELEASE<\/p>\n

Enlightenment Capital, an aerospace, defense & government-focused investment firm based in the Washington, DC area, has made an investment in Opera Solutions, LLC, a global leader in applying machine learning science and advanced Big Data predictive analytics to drive superior profit, performance, and decision-making for large enterprise and government customers.\u00a0 Enlightenment will be a strategic partner going forward, in support of Opera Solutions Government Services.\u00a0 Financial terms of the transaction were not disclosed.<\/p>\n

\u201cWe are thrilled to be able to partner with Opera Solutions.\u00a0 The company sits at the forefront of the rapidly growing Big Data analytics market, and enables institutions \u2013 in both the private and public sector \u2013 to translate massive amounts of disparate data into actionable intelligence,\u201d said Devin Talbott, Managing Partner of Enlightenment Capital.<\/p>\n

\u201cWe believe that Big Data has tremendous potential to drive productivity gains in the public sector and serve as an increasingly critical tool in our national security arsenal.\u00a0 As an industry leader in predictive analytics, Opera Solutions has an incredible opportunity to support vital government services and the national security community, and we are excited at the prospect of helping in the execution of its growth strategy,\u201d added Pierre Chao, Managing Partner of Enlightenment Capital.<\/p>\n

Privately held Opera Solutions has attracted one of the industry\u2019s largest groups of scientists specializing in machine learning, a critical discipline for extracting predictive patterns, or \u201cSignals,\u201d from very large data flows. The company deploys its science and technology in a range of \u201cas a service\u201d solutions for enterprises, government, global markets, healthcare, and other sectors.<\/p>\n

Solutions and services for the government sector include SignalSensor\u2122, which extracts threat and sentiment Signals from the world\u2019s flow of open source online data.\u00a0 The company is also a specialist in fraud detection, and in November, 2012, it was selected by the Centers for Medicare & Medicaid Services (CMS) to provide the advanced analytics to enhance operational controls and prevent fraud in federally funded Health Insurance Exchange Operations (\u201cHIX\u201d).<\/p>\n

\u201cWe are delighted that Enlightenment Capital has made this investment,\u201d said Arnab Gupta, Chief Executive Officer and Founder, Opera Solutions.\u00a0 \u201cWe are also looking forward to building a strategic partnership with them that leverages our core capabilities to use machine learning to extract valuable signals and patterns from massive data flows in support of both commercial and government entities.\u201d<\/p>\n

Enlightenment joins an existing investor base of leading technology investors and strategic investors supporting the company, including Silver Lake Sumeru, Wipro Limited, Accel-KKR, Invus Financial Advisors, JGE Capital Management, and Tola Capital.<\/p>\n

About Opera Solutions
\nOpera Solutions (www.operasolutions.com); (@OperaSolutions), provides Big Data predictive and prescriptive analytics, delivered as an ongoing service, to businesses and government globally.\u00a0 With approximately 200 machine learning scientists among its 700 employees, Opera Solutions is a global leader in using advanced techniques to extract value from Big Data.\u00a0 Its solutions, software, and services combine science with technology and domain expertise, providing new, Big-Data-fueled pathways to profit and productivity.\u00a0 Opera Solutions is headquartered in Jersey City, NJ, with other offices in North America, Europe, and Asia.\u00a0 For more information, contact interest@operasolutions.com, or call 1-855-OPERA-22.<\/p>\n

About Enlightenment Capital
\nEnlightenment Capital, a Washington, DC area based private investment firm, provides senior debt, mezzanine debt, and minority equity to small and mid-sized companies in the Aerospace, Defense & Government (ADG) sector. \u00a0The firm partners with management teams, equity sponsors, and those businesses that provide vital services, protect critical infrastructure, innovate aerospace solutions, safeguard national security, and endeavor to meet the challenges of today and tomorrow.\u00a0 More information is available at www.enlightencap.com.<\/p>\n

The post Enlightenment Capital Invests in Opera Solutions<\/a> appeared first on peHUB<\/a>.<\/p>\n

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Enlightenment Capital has invested in Opera Solutions. Financial terms were not announced. Jersey City, N.J.-based Opera Solutions is a Big Data analytics firm. Other Opera investors Silver Lake Sumeru, Wipro Limited, Accel-KKR, Invus Financial Advisors, JGE Capital Management and Tola Capital. PRESS RELEASE Enlightenment Capital, an aerospace, defense & government-focused investment firm based in the […]<\/p>\n","protected":false},"author":7426,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-658124","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/658124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7426"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=658124"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/658124\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=658124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=658124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=658124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}