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Argyle Data
Real-time Analytics for Big Data
About Argyle Data
Argyle Data was established in 2007, positioning itself as a specialized provider of revenue threat analytics for the mobile communications sector. The company focused on addressing the substantial financial losses mobile operators face due to fraud, which is estimated to cost the industry around $46 billion annually.
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The core of Argyle Data's business was a real-time analytics application built natively on Hadoop. This platform utilized machine learning and anomaly detection to give mobile operators immediate visibility into revenue threats and attack patterns. The system was designed to identify fraudulent activities in minutes, a significant improvement over the hours or days required by then-current systems. By rapidly detecting both new and existing fraud tactics, the technology aimed to drastically reduce false positives and save clients millions of dollars. The product suite included applications for fraud threat analytics, profit threat analytics, SLA (Service Level Agreement) threat analytics, and forensic threat analytics.
Throughout its history, the company successfully raised a total of $19.7 million in funding over seven rounds, with its final Series B round concluding on October 23, 2014, for $4.5 million. Key institutional investors included notable names like Qualcomm Ventures, ATA Ventures, and SK Telecom Americas. In 2023, Argyle was acquired by The LABRADOR Group, a global firm specializing in corporate disclosure documents, marking Argyle's status as an acqui-hired company.
At a glance
- Founded
- 2009
- Headquarters
- San Mateo, United States
- Sector
- Cybersecurity
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
SK Telecom Ventures- AVATA Ventures
Qualcomm Ventures
Series B and later1 investor entered at this stage
Acero Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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