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Tag: investment

High Growth Companies Extending Their Lead with AI

Mar 15, 2019 |

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. Read more…

MemSQL Gains Traction, New Investors

May 16, 2018 |

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. Read more…

Scality Adds New Investor in Latest Funding Round

Apr 18, 2018 |

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 vendor said Tuesday (April 17) its latest round added new investor Harbert European Growth Capital along with existing investors and company executives. Read more…

NoSQL Startup FaunaDB Has Twitter Roots

Mar 21, 2018 |

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 funding round was the largest ever for an operational database vendor. Read more…

AI Investment Up, ROI Remains Iffy

Jan 18, 2018 |

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 investments, according to a pair of new vendor reports. Read more…

Analytics Spending Up, Trust in Data Down

Aug 18, 2017 |

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) of the 400 CEOs it interviewed have increased investments in data analytics over the last year. Read more…

Bonsai Raises Cash, Expands Access to AI Services

May 4, 2017 |

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 strategic investors ABB Technology Ventures, Samsung NEXT and Siemens. Read more…

AI Investments Surge

Apr 19, 2017 |

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.

PricewaterhouseCoopers and CB Insights reported more than 1,100 deals during the first quarter, with venture investments totaling $13.9 billion. Read more…

Data Governance Startup Gains Funding

Jan 18, 2017 |

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, data governance software vendor Collibra said this week it has pushed its venture funding total over $75 million with the close of a $50 million financing round. Read more…

Goldman Leads Zoomdata Investment Round

Feb 17, 2016 |

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 investor Comcast Ventures also joined the Series C funding round along with previous investors Accel Partners, Columbus Nova Technology Partners and New Enterprise Associates. Read more…

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