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RAW Labs becomes the newest member to join the EDM Council

By Carole Mahoney

RAW Labs SA RAW Labs tames the exponential growth of Big Data through innovative tools which federate and query raw data in-situ. RAW Labs empower enterprises to use their resources wisely and discover how their data can be useful before investing in it. A full portfolio of data exploration, analysis, and mining tools are customized to the customer’s needs and practices, and integrated in currently used environments.

Source: EDM Council

RAW Labs Raises $5.5M to Help Enterprises Unlock the Value of Their Data

Lausanne, Switzerland – February 11, 2021 – RAW Labs, today announced it has completed a USD 5.5M pre-A funding round raising capital from new and existing investors to support the surge in demand for its revolutionary data management solution. The company also announced Lars Farnstrom as its new CEO.

The financing round was led by a group of investors specializing in investments of high growth technology companies and Investiere.ch. The funding will enable RAW Labs to accelerate the acquisition of large enterprise clients and continue investing in the expansion of the capabilities of its core NoDB data platform. Claude Honegger (former global CIO of Credit Suisse) and Pyrros Koussios (former private equity investor and senior executive at international technology companies) are joining the board of directors.

“We are excited that Lars has accepted the CEO role. His long experience in enterprise software from companies like Siebel Systems and C3.ai is a tremendous asset and will enable us to take RAW Labs to the next level,” said Ariel Luedi, one of the founding investors of RAW Labs and former CEO of SAP Hybris. Professor Anastasia Ailamaki, co-founder of RAW Labs, will continue as Chief Scientific Officer with the mission to strengthen the company’s research into groundbreaking data management technologies.

RAW Labs’ NoDB is a platform for data engineers, data scientists, and data analysts to seamlessly access, query, clean, and enhance heterogeneous data sources in near real time and transform them into high-value data products for consumption by analytical tools, ML-models, and enterprise applications. 

What makes RAW NoDB unique is its revolutionary query engine, which unlike any other solution in the market uses Category Theory. This gives RAW the unique capability to query large and complex data sources at high performance without the need for any costly and time-consuming ETL/ELT preprocessing or integration with data sources.

“It’s a privilege to have a group of sophisticated investors who have proven experience in helping technology companies scale,” said Lars Farnstrom, CEO of RAW Labs. “Data drives digital transformation. We believe that by eliminating the artificial barrier between operational and analytical data, and by enabling this in record time and without any expensive integrations, RAW Labs can help companies accelerate their digital transformation. Just connect your data sources and start asking questions that will help you unlock new insights on how to reduce costs or increase sales.”

About RAW Labs

RAW Labs, an École Polytechnique Fédérale de Lausanne (EPFL) spinout, helps companies unlock the value of data by providing a single unified platform to effortlessly access and convert any data source into data products for new insights and better decision making, at a fraction of the time and cost of traditional solutions. RAW is available on premise, in the cloud, or in hybrid mode. 

RAW Labs selected to participate in the 2021 Accenture FinTech Innovation Lab

We are proud to announce that RAW Labs have been selected to participate in the 2021 Accenture FinTech Innovation Lab.

Run by Accenture, London’s FinTech Accelerator Lab helps start-ups to build connections with relevant decision makers, gain valuable insights to take businesses to the next level, and catapult visibility with the people who matter. A community framework with a global reach.

“We are very excited to participate in this highly regarded acceleration program”, says Lars Färnström, CEO of RAW Labs. “This provides a unique opportunity for us to fine-tune our value proposition for the financial industry and to engage with leading financial institutions.”

The FinTech Innovation Lab is a highly competitive, 12-week program that helps early to growth-stage enterprise technology companies refine and test their value proposition with the support of the world’s leading financial service firms.

This innovative program is an opportunity for the participating start-ups to work with potential future customers, validate propositions, gain valuable insights into the financial services industry and develop strong relationships with senior industry executives. Entrepreneurs developing potentially game-changing technologies for financial services—particularly in the areas of artificial intelligence (AI), machine learning, cryptography, security, data and analytics and, blockchain and distributed ledger—are selected to participate in the program.

For more information please visit https://www.fintechinnovationlab.com/

RAW Labs announces the addition of Credit Suisse ex-Group CIO to its Board of Directors

Lausanne, Switzerland, December 16th 2020

RAW Labs is pleased to announce that Claude Honegger, ex-Group CIO of Credit Suisse, has joined its Board of Directors. “The addition of Mr. Honegger to our Board of Directors is part of our strategy to focus on key industries such as the financial sector, says RAW Labs CEO Lars Färnström. “With more than 30 years of experience in managing and transforming large, complex, global IT organizations in the financial sector, Claude brings us unique insights and advice that will help RAW Labs accelerate the development of its offering for the financial sector.”

“I am thrilled to join the Board of RAW Labs”, says Claude Honegger. “I am deeply impressed by RAW Labs unique data management technology and product. I believe it will become a standard for companies wanting to unlock the value of their enterprise data: it has a perfect fit for companies where data often resides in silos with different formats, stringent security and compliance requirements and high levels of complexity.”

RAW Labs is co-founded by Dr. Miguel Branco and Professor Anastasia Ailamaki whose algorithms are used in the database products of IBM, Oracle and Microsoft. Investors and advisors include Ariel Luedi (ex. Oracle, Salesforce and Hybris Software), Verve Capital, Prof Mike Franklin (co-creator of Spark), Prof Martin Odersky (creator of the Scala programming language) and Alon Halevi (Director of Facebook AI).

About RAW Labs

RAW Labs, an École Polytechnique Fédérale de Lausanne (EPFL) spinout, helps companies unlock the value of data by providing a single unified platform to effortlessly access and convert any data source into data products for new insights and better decision making, at a fraction of the time and cost of traditional solutions. RAW is available on premise, in the cloud, or in hybrid mode. 

RAW Labs presenting its innovative data at the HPE Innovation event

RAW Labs will be presenting its innovative data platform for digital transformation on September 24th in Geneva to HPE’s Swiss customers and partners.

RAW Labs makes it easy for companies to bring together heterogenous data from multiple sources, enhance it, and make it available for consumption in other systems, or directly to end-users via its data driven applications.

“This is a great opportunity for companies to learn more about how RAW Labs can help companies accelerate digital transformation”, says Lars Farnstrom, CCO.

RAW Labs optimized software platform for HPE infrastructure and services offer a unique combination of time to value and performance.

RAW Labs joins startup program of HPE Switzerland to help companies accelerate digital transformation.

RAW Labs is pleased to announce it has been selected to join the startup program of Hewlett Packard Enterprise (HPE) in Switzerland. As part of the program, RAW Labs’s software platform for data driven applications will optimized for HPE hardware and services. 

“This is a unique opportunity for RAW Labs to benefit from HPE’s market reach and expertise in cloud computing, IoT, AI and Edge computing”, says Lars Farnstrom, CCO of RAW Labs. “By optimizing our software platform for HPE infrastructure and services, we will be able to offer a unique combination of time to value and performance.”

RAW Labs CEO Anastasia Ailamaki wins prestigious ACM SIGMOD Edgar F. Codd Innovation Award

We are proud to announce RAW Labs CEO and co-founder Anastasia Ailamaki has received the prestigious ACM SIGMOD Edgar F. Codd Innovation award for her pioneering work on the architecture of database systems, its interaction with computer architecture, and scientific data management. 

Read full article here.

RAW Labs and Serial SA form partnership

RAW Labs is pleased to announce that Serial SA has chosen to become a RAW Labs Consulting Partner. Founded in 1986, Serial SA is the leading Swiss system integrator for the French speaking part of Switzerland. Together, RAW Labs and Serial SA will be offering a unique combination of technology and expertise to help companies accelerete their digital transformations.

For additional info, contact info@raw-labs.com

RAW Labs participates at the HPE / Innosquare IOT Innovation event

RAW Labs was selected to participate at the Innosquare IoT Innovation event hosted by Hewlett Packard Enterprise at their EMEA HQ in Meyrin. Switzerland. The event which had more than 200 participants and national press coverage was a show case for innovation in the area of IoT and big data. This provided a great opportunity for RAW Labs to demonstrate its new and groundbreaking platform for data driven applications to multiple large and well known enterprises.


For additional info, contact info@raw-labs.com

RAW Labs presents to the CIO’s of French speaking part of Switzerland

RAW Labs presented its virtual data lake solution to the CIO’s of the French speaking part of Switzerland. The event was organised by the “Digital Circle” – a group founded by the ICT Journal which brings together CIOs to discuss digital strategies and technologies. 

Read full article.
For additional info, contact info@raw-labs.com