Mu Sigma
Data analytics | |
Number of employees | 3,500+ (2016)[2] |
|---|---|
| Website | www |
Mu Sigma is an American
decision sciences and helping enterprises in data-driven decision making. The company headquartered in Chicago, Illinois partners with over 140 Fortune 500 companies to enhance their analytical and decision-making capabilities. The firm's name is derived from the statistical terms "Mu (μ)" and "Sigma (σ)" which symbolize the mean and the standard deviation, respectively, of a probability distribution
.
History
Mu Sigma was founded by
PricewaterhouseCoopers, in 2004.[1]
In 2008, Mu Sigma raised its first institutional investment round of $30 million from FTVentures (now FTV Capital).
In early 2016, the company was sued by Aon Corp founder Pat Ryan, who discussed that Mu Sigma lowballed its own growth prospects in order to buy back Ryan's stake in the company.[2]
In October 2016, after the divorce of Ambiga Subramanian, who was serving as
Locations
Mu Sigma is headquartered in Chicago, Illinois and has a global delivery centre in Bangalore. It also has an office in Austin, Texas.
Recognition
Mu Sigma was ranked #907 on the 2012
Inc. 5000 list of America's fastest-growing private companies. In 2011 the company ranked #386, and in 2010, it ranked #204.[9]
References
- ^ a b "Getting the numbers right". EMERGE Forum. NASSCOM. September 27, 2011. Archived from the original on May 25, 2012. Retrieved Jun 18, 2012.
- ^ a b Mehrotra, Kartikay (10 March 2016). "Aon founder Pat Ryan sues Mu Sigma, claims lowball buyout". Chicago Tribune. Retrieved 21 December 2017.
- ^ "FTVentures Commits $30 Million to Mu Sigma (press release)". FTVentures. September 24, 2008. Archived from the original on October 26, 2012. Retrieved June 18, 2012.
- ^ "The Daily Start-Up: Sequoia Makes "Big Data" Move With Mu Sigma". Venture Capital Dispatch. The Wall Street Journal. June 6, 2011. Retrieved June 18, 2012.
- ^ "Mu Sigma Lands Big Money for Big Data". The Wall Street Journal. December 29, 2011. Retrieved November 23, 2012.
- ^ "Mu Sigma attracts a clutch of foreign investors, gets valued at billion, Dhiraj Rajaram is now king of data analysis,data science and predictions by". The Times Of India. February 20, 2013.
- ^ "'Unicorn' Mu Sigma founder Dhiraj Rajaram takes control, including role of CEO,from estranged wife". 5 October 2016.
- ^ "Mu Sigma's Ex-CEO Ambiga Subramanian To Roll Out Her Own Social Media Startup Hyphen.Social". Inc42 Media. 2017-11-10. Retrieved 2018-06-14.
- ^ "Inc. 5000 Profile". Inc. September 2011. Retrieved June 18, 2012.
Notes
- ^ At time of transaction