Baltimore data analysis firm RedOwl Analytics announced Tuesday it has raised $4.6 million in new capital from investors, including several San Francisco-based venture capitalists and Under Armour CEO Kevin Plank.
The company, founded in late 2011, is developing software that allows corporations to sort through employees' digital trail, tracking behavior to spot potential problems. RedOwl said in a release the new Series A financing will allow it to improve its product and add clients in industries such as financial services.
"It's now entirely about execution," wrote Guy Filippelli, RedOwl's CEO, in an inaugural post on the company blog.
A former Army...