Company Profile

Saffron Technology Inc
Profile last edited on: 3/21/14      CAGE: 1TN33      UEI:

Business Identifier: Cognitive computing platform able to mimic the way the human brain processes and analyzes data from disparate sources
Year Founded
1999
First Award
2005
Latest Award
2005
Program Status
Inactive
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Location Information

1600 Perimeter Park Drive Suite 150
Morrisville, NC 27560
   (919) 468-8201
   request@saffrontech.com
   www.saffrontech.com
Location: Single
Congr. District: 04
County: Wake

Public Profile

Saffron Technology Inc has developed a cognitive computing platform that is able to mimic the way the human brain processes and analyzes data from disparate sources in order to help organizations access previously untapped knowledge data and anticipate future outcomes. The firm's mission is to develop products that help users manage the complexity of massive, heterogeneous data sets. Saffron Technology was founded with the vision of connecting big data using the same associative ability of the human brain, but on a scale that far exceeds human capability. The human brain has the ability to continuously analyze and understand the world in real-time using connections in memory, anticipation of outcomes from past experiences, risk analysis, finding opportunities and ultimately, decision making. Saffron analyzes data in a similar fashion, by connecting all data points down to the entity level to understand their context and correlations. These connections are stored in an associative memory, which incorporates advanced statistics to identify emerging, repeating or decreasing patterns. Saffron is not limited in the size, scope or format of the data it can process and operates without rules or models. The result is a platform that finds actionable insights in data to help make decisions faster while minimizing cost and increasing productivity. Saffron Technology markets its products and services to the U.S. government, specifically its intelligence community member agencies, law enforcement and homeland security organizations. For commercial applications, Saffron’s solutions are being actively marketed through partnerships in oil and gas exploration, automated email categorization and fraudulent transaction detecti

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
10-14
Revenue Range
1M-1.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
10-14

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2005 1 AF $99,906
Project Title: Computer Architectures for Understanding

Key People / Management

  James Fleming -- Co-Founder; President

  Manuel Aparicio -- Chief Memory Maker

  Ian Hersey -- Chief Product Officer

  Paul Hofmann -- Chief Technology Officer

  Caorlyn Shaw

  Gayle Sheppard -- Chief Executive Officer

  Chad Smith -- Chief Information Officer; Head Of Development

  Michael Yeagley -- Vice President, Worldwide Sales

Company News

There are no news available.