Wikipedia
Numenta is a machine intelligence company that has developed a cohesive theory, core software, technology and applications based on the principles of the neocortex. The company was founded on February 4, 2005 by Palm founder Jeff Hawkins with his longtime business partner Donna Dubinsky and Stanford graduate student Dileep George. Numenta is headquartered in Redwood City, California and is privately funded.
Numenta has developed a number of example applications to demonstrate the applicability of its technology. Its first commercial product, Grok, offers anomaly detection for IT analytics, giving insight into IT systems to identify unusual behavior and reduce business downtime. Grok has since been licensed to their strategic partner, Avik Partners. Other applications include stock monitoring, geospatial tracking and rogue behavior.
In addition, Numenta has created NuPIC (Numenta Platform for Intelligent Computing) as an open source project.
The company name comes from the Latin mentis (“pertaining to the mind”) genitive of mēns (“mind”). The word Grok is a term that was coined by Robert A. Heinlein in his 1961 novel Stranger in a Strange Land.