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KPMG Capital Announces Three New Strategic Investments in Data and AnalyticsNEW YORK, May 21, 2015 /PRNewswire/ -- KPMG Capital, KPMG's global investment fund, today announced three strategic investments in data and analytics (D&A) solutions that target critical issues in the areas of risk, performance and growth where data-driven actionable insights can power more informed decision making. Helping businesses navigate increasing macroeconomic risk and changing market and regulatory forces, the D&A solutions will help businesses address future financial sustainability and performance; enable ready access to in-depth third-party risk assessment, and build and execute a comprehensive customer experience management program. The three investments include*:
The three investments come on the heels of KPMG Capital's recent equity stake in Los Angeles-based startup, Bottlenose Inc., a pioneer in real-time trend intelligence. Financialterms of the three new investments will not be disclosed. KPMG Capital Continues to Fund Disruptive Technologies Said Mark Toon, CEO of KPMG Capital: "When we look for opportunities to invest in, we are particularly interested in companies with solutions that deliver disruptive data insights and analytics. These companies typically range from small start-ups to established D&A companies, as well venture capital firms with relevant portfolio companies and investments." "From the outset of an investment, we assign a global sponsor and team that can help unlock the opportunities to deliver innovations that generate actionable insight and value to our member firms' clients. Our investment partners benefit from capital as well as access to the KPMG global network's extensive industry expertise and channels to market." "Our strategy of mentoring and supporting these partnerships has been integral to our model and is one we'll employ as we seek new opportunities for our current fund and look ahead to the creation of our next fund in the near future." Mr. Toon concluded: "Our approach means we can quickly scale and take to market some of the most innovative and game-changing technology solutions in a way that helps some of the world's largest and most complex companies benefit from leading-edge technology developments." For further information, contact: Kim Metcalfe Jennifer Samuel About KPMG Capital Like every member firm in the KPMG global network, KPMG Capital Holding Limited and its subsidiary entities, and the entities they invest in are subject to the same rules and regulations promulgated by the regulatory bodies responsible for establishing standards for auditor Independence (for example, the US SEC, PCAOB, AICPA, IESBA and those established by the various countries in which the investments reside). These rules apply to member firms, the individuals at such member firms and the targets for potential joint venture alliance or acquisition related to the activities of KPMG Capital Holding Limited and its subsidiary entities. All existing Independence protocols apply to KPMG Capital Holding Limited and its subsidiary entities. *For information about KPMG Capital's investment criteria, contact [email protected]. About KPMG International About SDART Logo - http://photos.prnewswire.com/prnh/20150520/217704LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kpmg-capital-announces-three-new-strategic-investments-in-data-and-analytics-300086964.html SOURCE KPMG Capital |