Data Mining, Down Under

Looks like I missed this one back in December, but Revenue Science (formerly digiMine) has gained an additional USD$25 Million in VC funding. This brings total funding to $70 Million. digiMine was co-founded in 2000 by Usama Fayyad. Later the the consulting arm was spun off as the DMX Group and the company renamed to Revenue Science. I guess given Usama Fayyad now works as CDO for Yahoo its no surprise Revenue Science is working with Yahoo on building a new behaviour-based online advertising network.