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Optimor secures seed funding from TAG and further research funding from the DTI.

November 2007

Optimor announces the successful completion of a seed funding round with The Accelerator Group (TAG). The investment will make Optimor's comparison service available to UK users and across the EU, as well as enhancing Optimor's research capacity. Robin Klein will be joining the board.

TAG's investment follows the award of a DTI grant for research which Optimor was awarded in May 2007, building further momentum into Optimor's operational expansion.

A short history of the Theory of Chance

Throwing dice

In the 17th century, the French mathematician Pierre de Fermat takes the first steps in the theory of discrete probability, modeling games of chance such as throwing dice and card games

P(E) = Σ x ∈ E f(x)

The foundations of modern probability theory were laid by the Russian mathematician Andrey Kolmogorov, combining the notion of sample space and measure theory in his axiom system for probability theory in 1933

Making predictions

With the arrival of computers, prediction theory started being used for public service in the second half of the 20th century

A web of probabilities

Probability theory has found its public home on the internet. From search engines to recent predictive comparison services, the public uses it will find are surely endless. We're very excited to be part of this space, and we hope to excite you too!