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Bloomberg LP has acquired Second Measure Inc., a five-year-old startup with a market data platform used by investors and tech giants to inform business decisions. The transaction was announced today. Second Measure has raised more than $25 million in funding from backers including Y Combinator, Goldman Sachs, Bessemer Venture Partners and others.
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Company Overview | Measure Measure is an aerial intelligence company that builds software to automate drone operations workflows.
Michael Recce Chief Data Scientist at Neuberger Berman Bloomberg Second Measure allows me to monitor many companies at once, helping me to understand things that otherwise would be between hard and impossible to know. Jonathan Hsu Co-Founder and General Partner at Tribe Capital
Bloomberg Second Measure is a technology company that analyzes billions of anonymized purchases to help some of the world’s largest brands and investment firms answer real-time questions on company performance and consumer behavior.
Success is being able to effectively evaluate the competitive landscape, including unit economics and scale of key players. Bloomberg Second Measure is one of the only resources that allows us to do this.
Just to be technically accurate, one second is defined as the duration of 9,192,631,770 periods of the radiation corresponding to the transition between the two hyperfine levels of the ground state of a cesium 133 atom.