November 29, 2024
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Quantifying success: New fund to invest in data companies

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By Friday, March 7th, 2014

From left, Fund Manager Herb Tews, DJ Wetmore of Self Echo, Fund Director Jacques Habra and lead investor and adviser Patrick Steele of the Noospheric Quantified Fund. The fund hopes to raise up to $50 million to invest in niche data companies. (Stephen Nellis / Business Times photo)
A group of Santa Barbara entrepreneurs is looking to raise as much as $50 million for an investment fund that would finance dozens of little big-data startups.

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