According to published reports, Prediction technology startup Recorded Future has raised $12 million, led by new investor Balderton Capital.

"Recorded Future is a start up headquartered in Cambridge, MA and Goteborg, Sweden. We have 25+ employees around the globe attacking a hard problem - organize the web in a radically new and useful way. The world's 24Ã-7 media flow is filled with temporal signals, including reports of what's transpired or statements of what's expected to come. Recorded Future's linguistic and statistical algorithms extract time-related information and through temporal reasoning we structure the unstructured. We help users understand relationships between entities and events over time. In doing so, we've formed the world's first temporal analytics engine. Our customers include Fortune 500 companies, and the most advanced financial institutions and leading government agencies in the world."