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RapidMiner, based in Cambridge, makes a data analytics and AI platform and has been part of Altair Engineering since 2022.
Founded in 2007 by Ingo Mierswa and Ralf Klinkenberg and headquartered in Cambridge, US, RapidMiner, Inc. sells a subscription data analytics and AI platform, including RapidMiner Studio and RapidMiner Server, to clients in automotive, healthcare and manufacturing. Customers use it for predictive modeling, automated reporting and operational optimization. Altair Engineering, Inc. acquired the company in September 2022 for USD 100 mn in a trade sale, its seventh deal.
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