Tag: investment
Enterprises Have Already Made Deep Investments in Data Infrastructure; With AI, They’ll Finally See a Return
The rise of generative AI has captured the imagination of tech enthusiasts and enterprise leaders alike. The promise–and risk–of AI is of a world transformed at a pace never seen before. Enterprises, both fledgling a Read more…
Beyond the Hype: 10 Core Principles for AI Success
The paradigm shift ushered in by Artificial Intelligence (AI) in today's business and technological landscapes is nothing short of revolutionary. AI's potential to transform traditional business models, optimize operatio Read more…
‘Scary Signs’ from Tech Startup-Ville, Crunchbase Says
Venture capital investment in the tech startup ecosystem is plummeting, particularly in the seed and early stage funding rounds, industry watcher Crunchbase says in its monthly report issued today. Investors ponied up Read more…
Databricks Enhances Lakehouse Governance with Okera Acquisition and Immuta Investment
Databricks is bolstering the data governance capabilities of its lakehouse platform with a new acquisition and investment. The company has entered into a definitive agreement to acquire the data governance firm Okera for Read more…
SQream Raises Funds to Expand its Analytics Push
SQream Technologies, the GPU database vendor, has attracted new investors while adding several financial backers to its board of directors. The Tel Aviv-based database vendor said Wednesday (June 24) it raised $39.4 m Read more…
Nebula Graph Joins Database Race
As the open source Nebula Graph database moves closer to commercial availability, the technology’s developer has announced an early funding round led by several Chinese investors. VEsoft Inc. said this week it would Read more…
Data Manager Cohesity Pushes VC Total Past $650M
Cohesity, the data management specialist and cash magnet, has raised another quarter-of-a-billion dollars in its latest funding round. That total, $250 million, matches an earlier series D round that closed in June 20 Read more…
Is the Tech Boom Over?
The prolonged boom that we’ve experienced in the technology field for the past decade -- what some have called the second dot-com boom and which is intrinsically tied to the rise of big data and AI -- is now coming t Read more…
Aerospike Raises More Cash
Aerospike, the real-time NoSQL database vendor, said this week it raised $32 million in its most recent funding round, underscoring growing investor confidence in big data startups exhibiting the ability to scale and whi Read more…
High Growth Companies Extending Their Lead with AI
Knowing what to invest in has always been a key differentiator in business. Those that do it well tend to thrive, while those that do it poorly tend to stagnate and die. These days, fast-growing companies are choosing to Read more…
MemSQL Gains Traction, New Investors
MemSQL, the database vendor that touts its architecture as capable of handling both data analytics and transactions, announced a $30 million funding round led by, GV, the former Google Ventures. The hybrid SQL databas Read more…
Scality Adds New Investor in Latest Funding Round
Scality, the software-defined object and cloud storage vendor, is extending its push into the multi-cloud data control sector with the closing of a $60 million funding round. The storage management and infrastructure Read more…
NoSQL Startup FaunaDB Has Twitter Roots
A Bay Area startup touting a transactional NoSQL database has disclosed early investments by financial services backers and Google’s investment arm. Fauna Inc. claimed Wednesday (March 21) its $25 million Series A f Read more…
AI Investment Up, ROI Remains Iffy
Real-world applications for artificial intelligence are emerging in areas such as boosting the productivity of dispersed workforces. However, early adopters are still struggling to determine the return on initial AI inve Read more…
Analytics Spending Up, Trust in Data Down
Spending on data and analytics continues to surge despite growing uneasiness about the sources of unstructured big data that lacks traditional controls, a new survey warns. KPMG found that a large majority (86 percent Read more…
Bonsai Raises Cash, Expands Access to AI Services
AI services developer Bonsai said an extended early funding round included new investor Microsoft Ventures, raising $7.6 million. Microsoft Ventures was joined by existing investor New Enterprise Associates along with Read more…
AI Investments Surge
Investors flocked to artificial intelligence startups during the first three months of 2017, with quarterly venture funding again topping $500 million, according to a venture capital tracking report. PricewaterhouseCo Read more…
Data Governance Startup Gains Funding
The growing importance of data governance tools used to ensure the integrity of business intelligence processes and methods are fueling investment as data volumes and types continue to grow. In the latest example, dat Read more…
Goldman Leads Zoomdata Investment Round
Investment banking juggernaut Goldman Sachs has led a $25 million equity-financing investment round in visual analytics specialist Zoomdata Inc. Zoomdata, Redwood City, Calif., said Wednesday (Feb. 17) that new invest Read more…
Survey Finds Uneven Success With Big Data Rollouts
Despite heavy investments in big data deployments, a survey finds that few respondents have either shifted their operations to production or are satisfied with their big data initiatives. The key to success, the surve Read more…