RJMetrics
{{Short description|American software company}}
{{puffery|date=August 2021}}
{{Infobox company
| name = RJMetrics
| logo = RJMetrics Logo.png
| type = Private startup
| foundation = Philadelphia, Pennsylvania (2008)
| founder = Jake Stein and Robert J. Moore
| location_city = Philadelphia
| location_country = U.S.
| industry = Computer software
| num_employees = 71 (September 2014)
| homepage = {{url|http://www.rjmetrics.com}}
}}
RJMetrics is an American software company headquartered in Philadelphia, Pennsylvania. The company offers big data analytics to small and midsize businesses.{{cite web|url=http://www.inc.com/magazine/201211/elizabeth-woyke/big-data-for-small-businesses.html |title=Big Data for Small Businesses |publisher=Inc. |date=2012-10-31}}
History
RJMetrics was founded in 2008 by Jake Stein and Robert J. Moore.{{citation needed|date=August 2021}} The company had over 300 customers as of September 2014.{{cite web|url=http://dataconomy.com/rjmetrics-bags-16-5-million-in-series-b-funding/ |title=RJMetrics bags $16.5 Million in Series B Funding |publisher=Dataconomy |date=2014-09-16}}
=Funding=
RJMetrics was a bootstrapped company{{cite web|url=https://www.nytimes.com/2013/06/20/business/smallbusiness/self-finance-or-raise-money-a-quandary-for-start-ups.html?pagewanted=all |title=Self Finance or Raise Money? A Quandary for Start Ups |work=New York Times |date=2013-06-19}} until it received its first round of funding in 2012. The seed round was $1.2 million and came from Red Swan Ventures, Vision Ventures, SoftTech VC, Zelkova Ventures, Lerer Ventures, and SV Angel.{{cite web|url=http://www.businessinsider.com/rjmetrics-1-million-jason-goldberg-sv-angel-2012-1 |title=After Three years of Bootstrapping, RJMetrics Raises $1.2 Million from Fab's CEO and SoftTech |publisher=Business Insider |date=2012-01-03}} In May 2013, RJMetrics received its Series A funding of $6.25 million from Trinity Ventures and SoftTech VC.{{cite web|url=https://techcrunch.com/2013/05/15/business-intelligence-startup-rjmetrics-raises-6-5m-from-trinity-ventures-for-ecommerce-boom/ |title=RJMetrics Raises $6.5 Million from Trinity Ventures for Ecommerce Boom |publisher=TechCrunch |date=2013-05-15}}
In September 2014, RJMetrics received its Series B funding of $16.5 million from SoftTech VC, Trinity Ventures, and August Capital.{{cite web|url=https://techcrunch.com/2014/09/15/rjmetrics-series-b/ |title=Business Analytics Company RJMetrics Raises $16.5M Round Led By August Capital |publisher=TechCrunch |date=2014-09-15}} To-date, the Series B funding is one of the biggest rounds of funding received by a Philadelphia-based IT startup.{{cite web|url=http://technical.ly/philly/2014/09/15/rjmetrics-16-2m-series-b/ |title=RJMetrics Just Raised $16.5M |publisher=Technically Philly |date=2014-09-15}}
=Acquisition=
In August 2016, Magento acquired RJMetrics, and Stitch, Inc. was spun out as an independent company, with the same investors as RJMetrics.{{citation needed|date=March 2018}}
Platform
RJMetrics is a software as a service business intelligence platform.{{cite web|url=http://www.enterpriseappstoday.com/business-intelligence/startup-spotlight-rjmetrics-offers-analytics-for-everyone.html |title=Startup Spotlight: RJMetrics Offers Analytics for Everyone |publisher=Enterprise Apps Today |date=2014-05-23}} In July 2014 RJMetrics announced the v2 release of its product and rebranded as an analytics platform.{{cite web|url=http://inside-bigdata.com/2014/07/16/rjmetrics-releases-complete-analytics-platform-online-businesses/ |title=RJMetrics Releases Complete Analytics Platform for Online Businesses |publisher=Inside Big Data |date=2014-07-16}} The release included improvements to every major part of the software.
- Analytic Warehouse: Built on Amazon Redshift
- Transformation Cluster: Built on top of Hadoop
- Visualization Interface: Allows users to perform cohort analysis, calculate repeat event probability, and combine data from multiple sources
Data journalism
RJMetrics has received a significant amount of press for their data journalism. Notable coverage includes:
- The Wall Street Journal covering RJMetrics’ analysis of Crunchbase{{cite web|url=https://blogs.wsj.com/venturecapital/2012/08/13/study-examines-clubby-world-of-venture-capital/ |title=Study Examines the Clubby World of Venture Capital |publisher=The Wall Street Journal |date=2013-07-12}}
- Fast Company covering RJMetrics’ analysis of Airbnb{{cite web|url=http://www.fastcompany.com/1835654/airbnb-numbers-85-users-inactive |title=Airbnb By the Numbers: 85% of Users Inactive? |publisher=Fast Company |date=2012-04-27}}
- Forbes covering RJMetrics’ analysis of the ALS ice bucket challenge{{cite web|url=https://www.forbes.com/sites/cherylsnappconner/2014/09/03/were-the-ice-buckets-worth-it-new-and-deeper-analytics-say-yes/ |title= Were the Ice Buckets Worth It? New and Deeper Analytics Say 'Yes' |work=Forbes |date=2014-09-03}}
- TechCrunch covering RJMetrics’ analysis of the Biz Stone's Jelly App{{cite web|url=https://techcrunch.com/2014/01/14/jelly-sees-100k-questions-in-first-week-says-rjmetrics-of-which-25-received-answers/ |title=Jelly Sees 100k Questions In First Week Says RJMetrics, Of Which 25% Received Answers |publisher=TechCrunch |date=2014-01-14}}
In 2012, comedian Daniel Tosh covered RJMetrics' analysis of Chatroulette{{cite web|url=http://tosh.cc.com/blog/2010/03/18/where-are-the-perverts |archive-url=https://web.archive.org/web/20141109154620/http://tosh.cc.com/blog/2010/03/18/where-are-the-perverts |url-status=dead |archive-date=November 9, 2014 |title=Where Are the Perverts?! |publisher=Tosh.0 Blog |date=2010-03-18}}
References
{{reflist}}
External links
- [http://www.rjmetrics.com/ Official Website]