Feeds

Kaggle gets a gaggle of VC cash

Australian uber geek crowdsourcers hiring

Secure remote control for conventional and virtual desktops

Australian data analytics crowdsourcing start-up Kaggle has raised $US11 million in Series A funding from a glittering array of technorati.

The financing round was led by Index Ventures and Khosla Ventures with participation from PayPal co-founder Max Levchin, Google chief economist Hal Varian and Applied Semantics’ (now Google Adsense) co-founder Gil Elbaz.

Index Ventures partner Neil Rimer will join Kaggle’s board of directors and Levchin has been named chairman of the company.

“Our vision is to grow Kaggle into a hive buzzing with enough public and private competitions to support hundreds or thousands of data scientists relying on Kaggle for their full-time incomes,” the company said on its blog.

The company will be devoting some of the dosh into talent acquisition and is actively seeking staff that “can translate geek-speak into pinstripe explanations or are maestros of modeling or can write fast robust and beautiful code.”

“Wonder what it was like to be one of the first ten employees at Google, Facebook or Apple? Kaggle is looking to hire technical sales folk, data scientists and developers,” the blog said.

Kaggle, which now has headquarters in San Fransisco, was launched last year by Australian Anthony Goldbloom using the collective brains trust of over 17,000 global data scientists across fields spanning computer science, statistics, economics and mathematics to solve big data problems via competitions. Kaggle sets up real-time leaderboards for each problem that's being solved and turns them into competitions and awards prizes accordingly.

It has partnered with NASA, Wikipedia and Deloitte for its data mining competitions which have resulted in diverse breakthroughs from NASA’s analysis of dark matter, mapping HIV trends to predicting the winners of the Eurovision Song Contest.

Goldbloom, a former statistician for the Australian government described Kaggle as addresessing a serious market failure in that companies have data that they can’t analyze it while academia is desperate for real-world data sets.

He plans to roll out 10,000 competitions per year within five years and aims for competitors to be able to earn a full-time income from participating. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The hidden costs of self-signed SSL certificates
Exploring the true TCO for self-signed SSL certificates, including a side-by-side comparison of a self-signed architecture versus working with a third-party SSL vendor.