Cheektowaga big data startup closes million venture capital round

Amazing Property in Amherst Kathleen Rooney Trove Predictive Data Science closed out an $11 million round of equity financing recently to fuel both technological development and sales growth. The CUBRC spin-off has team members around the country but is headquartered on Genesee Street in Cheektowaga. The company has developed a platform that can analyze massive amounts of data from a wide variety of sources and spit out valuable recommendations on business strategies. Trove has clients in a variety of industries but is actively seeking widespread adoption from energy utilities. Kathleen Rooney The financing round remained open for nearly a year and includes investments from various strategic partners in Washington state, including Avista, a utility; Itron, a smart metering corporation; and most recently Ecova, an energy management company. It also pulled…

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