Goldman Sachs Invests in Big Data Analytics Start-Up

Goldman becomes the largest strategic investor in Kensho

shutterstock-167645036-big-data
Goldman Sachs has invested in Kensho, a big data analytics platform

Goldman Sachs is the lead investor of a $15 million capital injection in Kensho, a financial analytics start-up, according to the Financial Times.

How much Goldman has invested remains unknown, but the firm is now the single biggest backer of Kensho, which also has investments from Google Ventures, Accel Partners and CNBC.

Goldman will use Kensho's analytics platform in its business, in addition to supplying it to some of its larger clients, according to the FT story.

Rana Yared, Goldman's managing director of securities, will serve on Kensho's board of directors, and Don Duet, Goldman's co-head of technology, will sit on Kensho's advisory board.

This is the third technology investment Goldman has made recently, also financing Motif, an online broker, and Symphony, a communications platform.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: