RJMetrics
 | This article contains wording that promotes the subject through exaggeration of unnoteworthy facts. (August 2021) |
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| Company type | Private startup |
|---|---|
| Industry | Computer software |
| Founded | Philadelphia, Pennsylvania (2008) |
| Founder | Jake Stein and Robert J. Moore |
| Headquarters | Philadelphia , U.S. |
Number of employees | 71 (September 2014) |
| Website | www |
RJMetrics is an American software company headquartered in Philadelphia, Pennsylvania. The company offers big data analytics to small and midsize businesses.[1]
History
[edit]RJMetrics was founded in 2008 by Jake Stein and Robert J. Moore.[citation needed] The company had over 300 customers as of September 2014.[2]
Funding
[edit]RJMetrics was a bootstrapped company[3] until it received its first round of funding in 2012. The seed round was $1.2 million and came from Red Swan Ventures, Vision Ventures, SoftTech VC, Zelkova Ventures, Lerer Ventures, and SV Angel.[4] In May 2013, RJMetrics received its Series A funding of $6.25 million from Trinity Ventures and SoftTech VC.[5]
In September 2014, RJMetrics received its Series B funding of $16.5 million from SoftTech VC, Trinity Ventures, and August Capital.[6] To-date, the Series B funding is one of the biggest rounds of funding received by a Philadelphia-based IT startup.[7]
Acquisition
[edit]In August 2016, Magento acquired RJMetrics, and Stitch, Inc. was spun out as an independent company, with the same investors as RJMetrics.[citation needed]
Platform
[edit]RJMetrics is a software as a service business intelligence platform.[8] In July 2014 RJMetrics announced the v2 release of its product and rebranded as an analytics platform.[9] The release included improvements to every major part of the software.
- Analytic Warehouse: Built on Amazon Redshift
- Transformation Cluster: Built on top of Hadoop
- Visualization Interface: Allows users to perform cohort analysis, calculate repeat event probability, and combine data from multiple sources
Data journalism
[edit]RJMetrics has received a significant amount of press for their data journalism. Notable coverage includes:
- The Wall Street Journal covering RJMetrics’ analysis of Crunchbase[10]
- Fast Company covering RJMetrics’ analysis of Airbnb[11]
- Forbes covering RJMetrics’ analysis of the ALS ice bucket challenge[12]
- TechCrunch covering RJMetrics’ analysis of the Biz Stone's Jelly App[13]
In 2012, comedian Daniel Tosh covered RJMetrics' analysis of Chatroulette[14]
References
[edit]- ^ "Big Data for Small Businesses". Inc. 2012-10-31.
- ^ "RJMetrics bags $16.5 Million in Series B Funding". Dataconomy. 2014-09-16.
- ^ "Self Finance or Raise Money? A Quandary for Start Ups". New York Times. 2013-06-19.
- ^ "After Three years of Bootstrapping, RJMetrics Raises $1.2 Million from Fab's CEO and SoftTech". Business Insider. 2012-01-03.
- ^ "RJMetrics Raises $6.5 Million from Trinity Ventures for Ecommerce Boom". TechCrunch. 2013-05-15.
- ^ "Business Analytics Company RJMetrics Raises $16.5M Round Led By August Capital". TechCrunch. 2014-09-15.
- ^ "RJMetrics Just Raised $16.5M". Technically Philly. 2014-09-15.
- ^ "Startup Spotlight: RJMetrics Offers Analytics for Everyone". Enterprise Apps Today. 2014-05-23.
- ^ "RJMetrics Releases Complete Analytics Platform for Online Businesses". Inside Big Data. 2014-07-16.
- ^ "Study Examines the Clubby World of Venture Capital". The Wall Street Journal. 2013-07-12.
- ^ "Airbnb By the Numbers: 85% of Users Inactive?". Fast Company. 2012-04-27.
- ^ "Were the Ice Buckets Worth It? New and Deeper Analytics Say 'Yes'". Forbes. 2014-09-03.
- ^ "Jelly Sees 100k Questions In First Week Says RJMetrics, Of Which 25% Received Answers". TechCrunch. 2014-01-14.
- ^ "Where Are the Perverts?!". Tosh.0 Blog. 2010-03-18. Archived from the original on November 9, 2014.