Venture capital keeps flowing into the big data sector as a seemingly never-ending line of analytics startups roll out data management and other platforms designed to scale to petabytes and beyond.
Case in point is Primary Data, a Silicon Valley startup that just announced a $40 million funding round along with the latest release of its automated data management platform. The company said Wednesday (Aug. 2) its latest round included a $20 million investment along with another $20 million line of credit.
Pelion Venture Partners, Accel and Battery Ventures led the round along with strategic investors from previous rounds. Primary Data said it would use its latest cash infusion to support the latest release of its DataSphere metadata engine software.
The startup based on Los Altos, Calif., also announced a string of partnership with Amazon Web Services (NASDAQ: AMZN), Cloudian , Google (NASDAQ: GOOGL), data storage and network provider NetApp, (NASDAQ: NTAP), Scality and (VMware NYSE: VMW).
Launched by David Flynn and Rick White, the original founders of storage vendor Fusion-io, Primary Data emerged from stealth mode in 2014 with its software-defined datacenter technologies. Apple co-founder Steve Wozniak joined Primary Data late that year as its chief scientist.
The company’s metadata engine is designed to help automate how big data scaling to the cloud is managed across different storage systems.
The latest version of the DataSphere platform incorporates machine learning with data management to move “the right data to the right place at the right time” without affecting application performance, the company said.
The integration of machine learning with data management involves the collection of metadata on data access while measuring performance metrics like latency, bandwidth and storage availability. Data analytics are then applied against the metadata with the goal of matching storage and other requirements for performance, cost and reliability.
The platform’s namespace is intended to make different storage platforms simultaneously available to applications without degrading performance across flash, network-attached or cloud-based storage systems, the company claims.
“The days of manual data management are coming to an end,” Primary Data CEO Lance Smith asserted on a statement. “As data volumes scale out and up into the cloud, enterprises are looking for a way to intelligently manage and automate how data is managed across different storage systems.”
Added Wozniak: “When technology is complex, it often means we need to figure out a better solution to the problem.” The updated data virtualization platform is designed to make it “simple for enterprises to finally automate how data is managed by using the intelligence that has been sitting right there in your metadata all along.”
DataSphere 2.0 is available now from Primary Data or its reseller partners.
Recent items:
Scality Targets Multi-Cloud Data Storage
Fusion-io Flashes the Future of Storage
April 23, 2024
- G42 Selects Qualcomm to Boost AI Inference Performance
- Veritas Strengthens Cyber Resilience with New AI-Powered Solutions
- CERN’s Edge AI Data Analysis Techniques Used to Detect Marine Plastic Pollution
- Alteryx and DataCamp Partner to Bring Analytics Upskilling to All
- SymphonyAI Announces IRIS Foundry, an AI-powered Industrial Data Ops Platform
April 22, 2024
- Jülich’s New AI Foundation Models Aim to Advance Scientific Applications
- Cognizant and Microsoft Expand Partnership to Deploy Generative AI Across Multiple Industries
- Gulp Data and Datarade Partner to Empower Enterprises to Monetize Data
- Fullstory Launches Data Direct to Enhance Corporate Understanding of Behavioral Data
April 19, 2024
- Carahsoft to Showcase Cutting-Edge Solutions with 70+ Partners at GEOINT 2024
- BrainChip Highlights the 2nd Generation Akida at tinyML Summit 2024
- MathCo Named Microsoft Solutions Partner for Data and AI
- Salesforce Survey: Data Will Make or Break Workers’ Trust in AI
- Weights & Biases Announces Expanded Integration with NVIDIA NIM
- Dataminr Introduces ReGenAI to Enhance Real-Time Event Monitoring
- Cisco Reimagines Security for Data Centers and Clouds in Era of AI
- Gurucul Enhances Federated Search Capabilities Across Multiple Data Sources
- SAS-Sponsored Study Highlights Talent Shortages and Strategic Gaps in GenAI Adoption
- Redgate Launches Enterprise Edition of Redgate Monitor for Large-Scale Databases
April 18, 2024
Most Read Features
Sorry. No data so far.
Most Read News In Brief
Sorry. No data so far.
Most Read This Just In
Sorry. No data so far.
Sponsored Partner Content
-
Get your Data AI Ready – Celebrate One Year of Deep Dish Data Virtual Series!
-
Supercharge Your Data Lake with Spark 3.3
-
Learn How to Build a Custom Chatbot Using a RAG Workflow in Minutes [Hands-on Demo]
-
Overcome ETL Bottlenecks with Metadata-driven Integration for the AI Era [Free Guide]
-
Gartner® Hype Cycle™ for Analytics and Business Intelligence 2023
-
The Art of Mastering Data Quality for AI and Analytics
Sponsored Whitepapers
Contributors
Featured Events
-
Call & Contact Center Expo
April 24 - April 25Las Vegas NV United States -
AI & Big Data Expo North America 2024
June 5 - June 6Santa Clara CA United States -
AI Hardware & Edge AI Summit Europe
June 18 - June 19London United Kingdom -
AI Hardware & Edge AI Summit 2024
September 10 - September 12San Jose CA United States -
CDAO Government 2024
September 18 - September 19Washington DC United States