Alteryx acquires machine learning startup Feature Labs

Alteryx acquires machine learning startup Feature Labs

4 years ago
Anonymous $MUlyiGRWxa

https://techcrunch.com/2019/10/04/alteryx-acquires-machine-learning-startup-feature-labs/

Alteryx, a publicly traded analytics company, announced this morning that it has acquired Feature Labs, a machine learning startup that launched out of MIT in 2018. The company did not reveal the terms of the deal.

Co-founder and CEO Max Kanter told TechCrunch at the time of the launch, that company had been based on research at MIT that looked at how to automate the creation of machine learning algorithms. “Feature Labs is unique because we automate feature engineering, which is the process of using domain knowledge to extract new variables from raw data that make machine learning algorithms work,” Kantor told TechCrunch in 2018.