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Tag: funding

SurrealDB Raises $20M To Disrupt Big Data Industry

Fueled by the rise of big data and real-time data analytics, the database market has grown exponentially over the last decade. However, the introduction of a multitude of specialized databases has resulted in more comple Read more…

Cube Secures $25M to Advance Its Semantic Layer Platform

Cube, a San Francisco-based startup has raised $25 million in its latest funding round as it aims to enhance its semantic layer platform, which enables efficient data querying, transformation, and visualization.  The Read more…

Onum Secures $28 Million To Help Businesses Derive Greater Value From Their Data at Lower Costs

Onum, a data observability platform, has raised $28 million in Series A funding to accelerate its ambitious hiring plans, allow it to continue developing its products, and fuel its expansion into new territories.  Th Read more…

Amazon Invests Another $2.75 Billion Into Anthropic

The GenAI boom last year triggered a desperate scramble among tech companies to adopt the new technology. With such immense potential on the line, an AI arms race is underway. Amazon is spending billions as it looks to g Read more…

AI-Powered Work Assistant Glean Raises $200M at a $2.2B Valuation

The ever-increasing volume of data and applications continues to flood the digital workplace, making it more challenging for users to find data. A recent survey by Gartner found that nearly half (47 percent) of digital w Read more…

Anthropic in Talks with Menlo Ventures to Raise $750M

Another influx of cash might be on the horizon for Anthropic. The OpenAI competitor is hoping to raise $750 million in a new round of funding, according to Bloomberg and originally reported by The Information. The AI Read more…

ScyllaDB Raises $43M to Take on MongoDB at Scale, Push Database Performance to New Levels

The NoSQL databases have become a staple for the data platform landscape. An increasing number of organizations are already using NoSQL databases in production today or planning to adopt NoSQL databases soon. This has re Read more…

2021 Big Data Year in Review: Part 1

It’s mid-December, and the news has started to slow. As presents start to gather under the tree and the calendar approaches 2022, it’s worth taking a look back on the year that was 2021. The battle raged on betwee Read more…

Cribl Raises $200 Million in Series C Funding to Advance Data Observability

Founded in 2017, San Francisco-based startup Cribl named itself after an obscure device called a cribble – which the company defines as "an instrument with a meshed or perforated bottom generally used for gold panning Read more…

Data Transformer Fishtown Raises Funds

Fishtown Analytics, the data engineering tool startup, announced a $29.5 funding round this week to be used for further development of its open source analytics engineering tool. The Series B round was led by Sequoia Read more…

Hot DataRobot Raises a Bundle

The bucks keep rolling in from technology investors pouring cash into machine learning and data science startups. The latest beneficiary is DataRobot, the machine learning automation vendor. Formed in 2012, the compan Read more…

With Eye on Oracle, MariaDB Buys Clustrix

MariaDB Corp. continued its buying spree this week with the acquisition of distributed database pioneer Clustrix, adding what the buyer said is a scale-out capability running on commodity hardware or in the cloud. Ter Read more…

Tamr Preps for Growth with $18M Round

Tamr today announced that it has raised $18 million in venture capital to help it grow its business, which is focused taking a "machine-driven, human-guided" approach to taming messy data. The funding round, which was Read more…

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…

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