Tag: funding
ThoughtSpot Eyes Exit with Latest Funding Round
ThoughtSpot, the AI-based analytics platform developer founded by Nutanix Inc. co-founder Ajeet Singh, announced what it claims is the second-largest U.S. AI funding round so far this year. The enterprise search and s Read more…
Investors Bullish on GPU-Based Database Startup
MapD Technologies, the big data analytics platform startup developing a parallel SQL database that runs on GPUs, has more than doubled its venture-funding total with the close of its latest investment round led by New En Read more…
Redis Labs Gains VC Funding, New Enterprise Customers
While the pace of venture capital investment in technology startups declined during the first half of this year, some analytics and database companies are reporting continuing and expanding investments. Among them is Read more…
Russian Bank Funds In-Memory Vendor GridGain
Russia's largest bank helped lead a funding round disclosed this week by in-memory computing specialist GridGain. Moscow-based Sberbank, an early GridGain customer, led a $15 million funding round along with MoneyTime Read more…
Ex-Spy Contractor Immuta Eyes Enterprise Data
A data management startup focused on helping customers avoid the pitfalls of consolidating data has attracted $1.5 million in seed funding as the company looks to extend beyond government security contracts to address th Read more…
Despite Startup Slowdown, VCs Keep Investing in Big Data
The number of software startups is down almost 50 percent since the start of the Great Recession, according to a new report from Evan's Data Corp. Despite the slowdown, anecodocal evidence points to venture capital firms Read more…
NoSQL Battle Heats Up As MarkLogic Hauls In $102M
Just a year ago, MarkLogic CEO Gary Bloom couldn't get any respect in the Wild West shootout that is the NoSQL database market. But today, with $102 million in new financing and a valuation north of $1 billion for MarkLo Read more…
NIH Commits Nearly $100 Million to Build Big Data R&D Centers
The National Institute of Health (NIH) last week announced plans to spend $24 million per year for the next four years to establish a series of big data centers of excellence that will explore better ways to help biomedical researchers store, manage, and analyze large sets of data. In addition to traditional scientists, the governmental agency is encouraging data scientists to apply to receive funding under the research and development program. Read more…
Hortonworks Levels Up With $50 Million Haul
Hortonworks CEO, Rob Bearden announced that the company has secured a new round of funding to the tune of $50 million dollars, giving the upstart Hadoop distro company a new level of legitimacy in the enterprise Hadoop wars. Read more…
Enigma.io Claims to Demystify Data; Receives Round
Enigma.io says that they have sanitized and curated over 100,000 streams of publicly available data and have reportedly been granted $1.1 million dollars in venture equity seed money to take their big data project to the next level. Read more…
Government Puts $200 Million Behind Big Data Initiative
This week the Office of Science and Technology Policy in the United States announced a massive injection of funding to create and support big data research and development efforts. The government says that the Big Data Initiative will work to support a number of agencies, including the Department of Defense.... Read more…
Digital Reasoning Refreshes Text Analytics
Entity-oriented analytics software company Digital Reasoning, has had a foot in the federal door since its founding, but with a fresh round of Series B funding, is looking to take its big data analytics platform deeper into the enterprise. Read more…
Cloudera Nets Another Massive Funding Round
Just in advance of the annual Hadoop World Conference (which is completely sold out, by the way), Cloudera announced another investment spree to bolster new business, this time to the tune of $40 million. Read more…
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