Mu Sigma Inc.
| File:Mu Sigma Logo.jpg | |
| US Privately Owned | |
| Industry | Advanced Analytics and decision sciences |
| Founded | (2004)[1] |
| Founder | Dhiraj Rajaram |
| Headquarters | Chicago, Illinois, U.S. |
| Services | Marketing Analytics Supply Chain Analytics Risk Analytics |
|
Number of employees
|
3,500+ (2014)[2] |
| Website | www |
Mu Sigma is a category-defining decision sciences and big data analytics company, helping enterprises systematize better data-driven decision making. The firm's name is derived from the statistical terms "Mu (μ)" and "Sigma (σ)" which symbolize the mean and the standard deviation respectively of a probability distribution.
The company is ISO 27001 certified.[3]
Mu Sigma is headquartered in Chicago with its main delivery centre in Bangalore. Mu Sigma's clients include more than 125 Fortune 500 companies.[4]
History
Mu Sigma was founded by Dhiraj Rajaram, a former strategy consultant for Booz Allen Hamilton and PricewaterhouseCoopers, in 2004.[1] In 2008, Mu Sigma raised its first institutional investment round of $30 million from FTVentures (now FTV Capital).[5] In April 2011, the company raised an additional $25 million from Sequoia Capital.[6] In December 2011, the company announced a $108 million round of financing from Sequoia and growth equity investor General Atlantic.[4] In February 2013, Mu Sigma received an investment of $45 million from MasterCard, which placed the company over the $1 billion (Rs. 5,400 crore[lower-alpha 1]) milestone.[7]
Recognition
Mu Sigma was ranked #907 on the 2012 Inc. 5000 list of America's fastest-growing private companies. In 2011 the company ranked #386, and in 2010, it ranked #204.[8] Rajaram, the company's founder and chairman, was ranked 37 on the Fortune Magazine 40 under 40 list in 2013.[9] Rajaram won the Ernst & Young Entrepreneur Of The Year India Award 2012 in the services category.[10]
References
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