Othot Completes First Round of Outside Financing With Addition of .7 Million in New Capital

“High Impact Prescriptive Analytics” — A Unique Approach to Predictive Analytics Enables Othot to Capture Domain Expert Investors PITTSBURGH, PA–(Marketwired – May 02, 2016) – Othot LLC (the “Company”), a leading innovator of predictive and prescriptive analytics products and platforms, today announced that it has closed $1.7 million in financing in its first outside fundraising effort. The capital will be used to expand the product offerings and marketing efforts for Othot’s cloud-based data science-driven platforms that dramatically reduce the cost and complexity of implementing predictive and prescriptive analytics. “Othot’s founders financed the Company for the first two years of its operations but recently we set out to raise $1 million to accelerate our growth,” stated CEO Andy Hannah. “Today, I am thrilled to announce that we were oversubscribed by 70% closing the…


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