REvolution Computing Raises $9 Million

REvolution Computing, the “RedHat” for the open source “R” statistical computing language, has received $9 million in Series B funding from North Bridge Venture Partners and Intel Capital. The company also announced that founder and former chairman of SPSS, Norman Nie, has been named CEO.

Founded in 2007, REvolution Computing sells products, including REvolution R and REvolution R Enterprise, that allow statisticians, scientists and others to create predictive models and and make sense of large sets of mission-critical data easily and quickly. The “R” statistical language has been growing growing in popularity as support increases in the open-source and academic communities.