Outlier gets strategic investment from In-Q-Tel
Outlier announced on May 14 a strategic partnership and an investment from In-Q-Tel, Inc. (IQT). IQT is the not-for-profit strategic investor that identifies and accelerates the delivery of innovative technology solutions to support the mission of the U.S. intelligence and defense agencies that keep our nation safe. This strategic partnership reinforces that Outlier is a leader in Automated Business Analysis. It further validates the company’s artificial intelligence platform in supporting the operational requirements of U.S. government agencies for analysis of cloud-based and on-premise data sets.
“Outlier’s platform takes a differentiated approach to leveraging artificial intelligence to surface unexpected patterns and changes in time-series data, which can enable agencies to make informed decisions more quickly,” said Divya Sudhakar, principal, Investments at IQT. “Outlier has proven a unique ability to provide high fidelity insights without requiring users to commit significant time and resources to analyze their data.”
“Being chosen by IQT is a major milestone for Outlier and confirms the effectiveness of our Automated Business Analysis platform,” said Sean Byrnes, co-founder and CEO of Outlier. “We expect this partnership and other government partnerships to address the need to analyze billions of data points daily and present stories that will help enhance national security.”