Seattle based Minetta Brook, a Big Data company has come out of its stealth mode and announced a seed funding round of $2 million which was led by Naya Ventures LP and led by TiE Angel Group Seattle. Minetta Brook is led by co-founders Deepak Bharadwaj, and Prabhu Venkatesh who serve as the company's CEO and Chief Scientist respectively. The company also closed a convertible note round in February this year, which was led by Keiretsu Forum Northwest.
Minetta's core technology has been built around a big data intelligence platform that enables fast discovery of relevant information from streaming structured and unstructured content. The organization today builds software to enable fast discovery of hyper-relevant information from streaming content. The company has also attracted the likes of Viplav Nigam into the management team. Nigam previously built and ran NASDAQ's trading system.
"Our core engine can be applied to information sources such as streaming news, enterprise document repositories, defense agency data, and social & web content to combine both unstructured and structured data to allowing for analysis of a complete picture," says Deepak Bharadwaj.

Unique messaging software built by the company still finds widespread application today within the NASDAQ offices. He was also part of the original team that developed Salomon Brothers' trading systems which would eventually become the model for most of the trading systems in practice today.

"Our first product, knewsapp, was selected by Bloomberg as the first app to complement Bloomberg News, combining news and market data to provide real-time analytics of trading and research," adds Venkatesh.