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Timetric closes seed funding for 'statistics on speed' platform

Mike Butcher

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Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Wednesday, March 24th, 2010
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Timetric, a startup built around the idea that statistics can be made and presented way more usefully than in the past, has closed a seed investment round. Terms were undisclosed. Participants in that round include former LastFM chairman Stefan Glänzer, Alex Zubillaga, well known Angel Sherry Coutu and Matteo Stefanel, as well as Sean Park and Udayan Goyal of Nauiokas Park.

The capital raised will be used to accelerate the rollout of their network of, rather novel, statistical services.

Timetric build services which make statistics “useful”. What does that mean?

Well, timetric.com, is already an aggregator of public statistical data, and Timetric Portfolios is a simple and social tool for analysing stock portfolios.

All of their services are built on top of the Timetric Platform, a proprietary service for publishing, analysing, and performing calculations on very large quantities of time-varying statistical data.

Timetric already has customers, including the Guardian and United Business Media, e.g

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  • http://timetric.com/ Andrew Walkingshaw

    And we’re hiring! If you’re a Python/Unix/Javascript hacker who’s into data, get in touch: http://timetric.com/biz/jobs/

    • http://www.fax.com John Smith

      You website Portfolio demo appears to be broken. When I try to enter ticker symbols, percentage weight, then hit plus, nothing happens. The demo fails for both IE and Google Chrome. I’m hoping you’re aware of this problem and trying to fix this.

      • http://timetric.com/ Andrew Walkingshaw

        Hi John,

        I just tested it – and it’s working for us here. When you enter ticker symbols, are you selecting the company you’re after from the list before entering a percentage?

        Please email me (andrew@timetric.com) and I’ll try and help you out.

      • http://timetric.com/ Andrew Walkingshaw

        We think we’ve fixed the issue you’re having. Let us know if it’s still not working for you!

  • http://blog.jedchristiansen.com Jed Christiansen

    Congrats, guys! Well deserved.

  • http://blog.johanrhodin.se johan rhodin

    Really interesting, great work on the product and congratulations to the seed round!

  • Moritz

    congratulations to the team! best wishes from DE, Moritz

  • http://www.azeemazhar.com azeem

    Well done guys!

  • http://yoshy.wordpress.com/2010/03/26/links-for-2010-03-25/ links for 2010-03-25 « 個人的な雑記

    [...] Timetric closes seed funding for ’statistics on speed’ platform (tags: development) [...]

  • http://www.ojointernet.com/noticias/timetric-consigue-financiacion/ Timetric consigue financiación

    [...] Timetric, una startup que intenta presentar las estadísticas de manera más sencilla y útil para sus usuarios, ha recibido una ronda de inversión semilla. [...]

  • http://www.plinkart.com/ Mark

    Awesome guys, congrats.

  • http://traduirerss.com/Article/1104/ Traduire RSS

    [...] (125)  Timetric financement de démarrage se ferme pour les statistiques sur la vitesse "plate-forme [...]

  • http://thisweekin.com/thisweekin-venture-capital/twivc-april-7-mark-suster/ TWiVC April 7: Mark Suster

    [...] Timetic closes Seed Funding from LastFM chairman Stefan Glänzer, Alex Zubillaga, Angel Sherry Coutu and Matteo Stefanel, Sean [...]

  • http://www.sesligoruntulu.com Sesli Goruntulu Chat

    en iyisi bendece o best yani bestsesli olabilir

  • http://blog.datamarket.net/2010/12/08/a-list-of-data-markets/ A list of data markets « DataMarket blog

    [...] Seed round funding early 2010 after success in 2009′s Seedcamp (source 1, source 2) We design and build statistical data services to help people and businesses make better [...]

  • http://blog.datamarket.com/2011/02/25/the-emerging-field-of-data-markets-our-competitive-landscape/ The Emerging Field of Data Markets – our competitive landscape « DataMarket blog

    [...] a UK based startup. The company was founded in mid-2008 and received seed funding early 2010 after winning TechCrunch’s London Mini Seed Camp 2009. Participants in that round included former LastFM chairman Stefan Glänzer, Alex Zubillaga, well [...]

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