Founded by experts in data warehousing and business intelligence systems, Actimize enables large organizations to leverage existing knowledge and real-time operational data. Actimize developed a patent-pending technology that runs analytical models over stored information as well as over transactional data, enabling optimization of operational processes in real-time. With offices in North America and Israel, Actimize's technology is used in some of the world's most prestigious financial institutions and is now being applied to telecommunications, retail and government applications. Carmel Ventures, Israel's largest software Venture Capital Fund, is an investor in Actimize.