Monday, October 27, 2014

IMatchative Finds $20M

San Francisco-based IMatchative, a developer of analytics software to help match investors with funds i the alternative asset area, said today that it has raised $20M in a funding round. The Series B funding came from Jeff Ubben (founder of Value Act Capital), along with Wells Fargo & Company, Control Empresarial de Capitales, S.A. de C.V. (controlled by Carlos Slim), David Bonderman of TPG Capital, and Andy Redleaf of Whitebox. IMatchative says it uses big data, intelligent analytics, behavioral science, and matching algorithms to help match private investors with alternative assets.