N.C. startup with $3M in assets files Chapter 7

After securing more than $1.4 million in financing and global headlines for its predictive analytics, a North Carolina technology startup has filed for Chapter 7 bankruptcy. Raleigh-baed Predictify.Me, which was founded in 2014 and touted by its founders as a creator of “Artificial Big Data” for customers, once developed algorithms that its execs said could help predict outcomes of both social and commercial problems. In January 2015, the company had a team of 17 developers, with its then-CEO…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/20/n-c-startup-with-3m-in-assets-files-chapter-7.html?ana=RSS%26s=article_search