Lattice Announces Successful $2.8M Seed Round to Revolutionize Data Intelligence

In a significant boost for the data intelligence sector, Lattice has successfully raised $2.8 million in its latest funding round, aimed at accelerating the commercialization of its transformative technology. Founded by renowned experts Chris Re, a MacArthur Genius Award winner from Stanford, and Mike Cafarella, a co-creator of Hadoop, Lattice specializes in converting 'dark data', such as unstructured text, into high-quality structured data. With over six years of rigorous development and $20 million in prior funding from DARPA and other sources, the company has honed its flagship product, DeepDive, to provide powerful insights across various industries. Notably, DeepDive has made strides in addressing critical issues such as human trafficking, with its effective deployment featured on a recent CBS News 60 Minutes segment as part of the DARPA/Memex project. This funding will not only enhance Lattice's technological capabilities but also expand its reach across sectors like scientific research, insurance, and government agencies, where traditional data analysis tools can benefit from structured insights. With a commitment to leveraging advanced machine learning techniques alongside a robust engineering approach, Lattice is poised to continue outperforming human analysts, delivering unparalleled accuracy and efficiency in transforming unstructured data into actionable intelligence. As businesses increasingly seek innovative solutions to navigate the complexities of big data, Lattice stands at the forefront of this evolving landscape, ready to make a significant impact.