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Previous investors (GraphDive raised a $1 million convertible note last year) include Crosslink Capital, Correlation Ventures, and Plug & Play Tech Center.
To support the upcoming launch of AirPR's platform (in mid-October), the startup is announcing today that it has raised over $1 million from Mohr Davidow Ventures, Crosslink Capital, Correlation Ventures, and 500 Startups.
Meanwhile, investors led by the global venture capital powerhouse New Enterprise Associates also include: Sinai Ventures, Alrai Capital, Correlation Ventures, Will Smith's Dreamers Fund, Alex and Sue Glasscock (Founders of The Ranch), DGNL Ventures PR Power Housee, Desiree Gruber and Nir Liberboim and Russell Mindfulnesss Entertainment (LA and Tokyo based mindfulness-focused entertainment company).
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Like many venture capital firms, Correlation sources many of its deal opportunities through its human connections.
According to Crunchbase, VigLink raised more than $27 million from investors, including GV, Emergence Capital, First Round Capital, RRE Ventures, Correlation Ventures, Foundry Group, Costanoa Ventures and Silicon Valley Bank.
Amazon spent all cash on organic investments and if the aggregate of the investments were making above the cost of capital, then the correlation makes perfect sense.
The next stage, says Mr Bates of Progress Software, will be self-learning systems, in which sentient algorithms mine the capital markets, spotting correlations that are too complex for humans to see and suggesting trading ideas as a result.
In a series of studies examining the operations of a methamphetamine trafficking group working out of Australia, Bright and colleagues (studies: Bright et al. 2012, 2014a, b, Bright and Delaney 2013) demonstrate the high correlation between human capital and social capital, where the human capital measure captured a range of tangible and intangible resources.
"We've found that return on capital has a better correlation with stock prices than price-earnings multiples," he said.
He points to the strong inverse correlation between capital spending in the industry and share performance.
He points to an inverse correlation between capital flows and quality of economic policy-making.
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