Thinking Machines Corporation Raises Capital for Expansion
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Thinking Machines Corporation, a leading provider of advanced data mining solutions for the financial services, telecommunications and database marketing industries, has announced that it has raised $3.15 million from existing investors. "This financing will be used to help further develop, market and sell TMC's powerful data mining solutions, including our new LoyaltyStream offering, " said Robert Doretti, president and CEO of Thinking Machines. "We are proud to have our current investors stand behind their beliefs and provide a testament to our strong product line, strategic business plan, and targeted sales and marketing programs."

Darwin, Thinking Machines' data mining software, is a set of scalable data mining tools that enable businesses to analyze huge databases and, in turn, discover new patterns, extract hidden information, and understand and predict future trends. Darwin's robust predictive technology allows companies to design client-focused business strategies and increase the effectiveness of marketing programs. Darwin also functions as the analytical engine behind TMC's new offering, LoyaltyStream.

LoyaltyStream is a powerful solution set that allows companies to quickly build complete prediction-enabled systems. With LoyaltyStream, companies can easily deploy predictive models created by Darwin to their contact personnel throughout the enterprise: call centers, telemarketing, customer relationship management systems, etc.

Thinking Machines Corporation provides complete prediction-based management solutions for organizations with large databases in the financial services, telecommunications and database marketing industries. Thinking Machines provides solutions to help companies increase profitability through highly accurate understanding and prediction of customer behavior. With offices worldwide, Thinking Machines is headquartered in Burlington, Mass., USA. Thinking Machines' World Wide Web address is http://www.think.com