Area Analytics Initiative Columbus Collaboratory Gets New Financing
Columbus Collaboratory has secured $14 million in renewed financial support from its founding member companies, helping it continuing its work in performing advanced analytics and improving cybersecurity.
The company is the result of Columbus 2020′s efforts to bring together seven entities — American Electric Power, Battelle, Cardinal Health, L Brands, Huntington National Bank, Nationwide and OhioHealth — to share research and find ways to be more competitive by improving efficiency, security and customer focus.
The additional commitment of approximately $14 million by the seven founders marks the beginning of a new commercialization phase for the Collaboratory, said Matt Wald, Columbus Collaboratory’s president and CEO.
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