GraphLab, a popular open source project dedicated to graph analysis and machine learning, is trying to capitalize on the excitement around graphs by spinning off a commercial entity, GraphLab Inc. GraphLab creator — and University of Washington machine learning professor — Carlos Guestrin will lead the new Seattle-based company, which has raised $6.75 million from Madrona Venture Group and NEA.
Graph analysis is among the hottest techniques around for making sense of large datasets, primarily by determining how tightly different data points are related or how similar they are. The term “graph” came into the broader lexicon along with social networks, which built social graphs to assess the relationships among their millions of users, but the technique has much broader uses.
Guestrin said GraphLab’s algorithms are used in a lot of recommender systems, but he also cites fraud detection in banking networks and intrusion detection in computer networks as…
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