SimpleRose secures $13 million in funding

SimpleRose Inc., a St. Louis-based company closed a $13 million deal on October 15 with undisclosed investors.  The company, founded in 2018 by Xiaolin Gong, Marti Martindale and Carl Ledbetter provides an optimization platform for decision-making. The company’s platform is intended for proliferation of data. The platform enables clients to leverage algorithmic innovation for parallelism,…

SimpleRose Inc., a St. Louis-based company closed a $13 million deal on October 15 with undisclosed investors.  The company, founded in 2018 by Xiaolin Gong, Marti Martindale and Carl Ledbetter provides an optimization platform for decision-making.

The company’s platform is intended for proliferation of data. The platform enables clients to leverage algorithmic innovation for parallelism, differentiated numerical accuracy, and dynamic programming for continuous analysis updates for real-time variable changes.

Applications include scheduling, production planning, and portfolio optimization.  The platform is designed to solve problems exponentially faster.

For more information on SimpleRose, visit www.simplerose.com.

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This story is part of the AIM Archive

This story is part of the AIM Institute Archive on Silicon Prairie News. AIM gifted SPN to the Nebraska Journalism Trust in January 2023. Learn more about SPN’s origin »

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