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Former IBM execs team up, launch big-data startup Cognitive Scale
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- Christopher Calnan
- Staff Writer- Austin Business Journal
- Email | Twitter
After 18 months in stealth mode, a team of former IBM Corp. executives are publicly launching a big-data company called Cognitive Scale Inc.
The Austin-based cognitive computing company was founded in June 2013. Cognitive computing involves software designed to understand unstructured data while learning about the user with each interaction.
Earlier this year, local technology veteran Manoj Saxena departed IBM to open an Austin office for a California-based The Entrepreneur's Fund, which has invested in Cognitive Scale. Saxena is also the chairman of Cognitive Scale, according to a company news release.
The Entrepreneur's Fund, founded in 1989, plans to invest in startups that develop cognitive computing platforms using IBM's Watson cloud technology. Cognitive Scale founder and Chief Technology Officer Matt Sanchez was previously the IBM Watson Labs leader. CEO Akshay Sabhiki was the global leader for IBM Smarter Care. Prior to that he led IBM's Smarter Commerce initiative.
Christopher Calnan covers technology, finance and clean energy for the Austin Business Journal. Subscribe to the Energy Inc. newsletter
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