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Tag: venture capital

Grafana Labs Visualizes Growth with $50M Round

Aug 17, 2020 |

Grafana Labs, developer of a popular open source tool for visualizing logs and metrics, today announced that it’s raised $50 million in a Series B round of investment. The company’s CEO, Raj Dutt, tells Datanami the money will go primarily to engineering, with a focus on expanding Grafana’s role as an “open and composable observability stack.”

Grafana was created in 2014 by Torkel Ödegaard, a developer at the online travel company Orbitz. Read more…

Explorium Platform Billed as App Store for Predictive Models

Jul 29, 2020 |

As the need for more reliable model training grows, so also does investor interest in funding data science startups seeking to leverage automation to track down and match the appropriate data sets to a given model and application. Read more…

Staying On Top of ML Model and Data Drift

Jun 16, 2020 |

A lot of things can go wrong when developing machine learning models. You can use poor quality data, mistake correlation for causation, or overfit your model to the training data, just to name a few. Read more…

Couchbase Nabs $105M as it Readies Cloud Offering

Jun 8, 2020 |

Armed with $105 million in fresh venture funding, NoSQL vendor Couchbase is ramping up to make a big splash in the cloud, which has become the new battleground for databases. Read more…

Dremio Preps for Growth with $70M in the Bank

Mar 26, 2020 |

In the midst of an unprecedented viral pandemic and the threat of a major economic recession, data middleman Dremio provided the rare bit of good news when it announced today that it raised $70 million in venture capital to fund its ongoing growth. Read more…

Is the Tech Boom Over?

Mar 5, 2020 |

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  — Read more…

Anyscale Emerges from Stealth with Plan to Scale Ray

Dec 17, 2019 |

Anyscale emerged from stealth today with a Series A round of venture capital worth $20.6 million from Andreessen Horowitz and the rough outlines of a plan to scale Ray, the RISELab technology that effectively turns everyday Python coders into parallel computing developers. Read more…

AIOps Startup with ‘Open’ Emphasis Raises Cash

Nov 21, 2019 |

Tech investors are betting that automated IT operations will be among the first significant enterprise applications for AI.

Artificial intelligence for IT operations, or AIOps, and the application of machine learning to data is beginning to attract venture capital as investors look for nuts-and-bolts automation applications that will deliver quick returns on investment. Read more…

Databricks Snags $400M, Now Valued at $6.2B

Oct 22, 2019 |

Databricks, the commercial venture behind Apache Spark, has just completed a Series F round of funding worth $400 million. That brings the cloud analytics vendor’s valuation to more than $6 billion, more than twice what it was in January. Read more…

Data Privacy Startup Attracts Investors

Sep 5, 2019 |

BigID, the data privacy startup, announced its latest funding round this week as companies scramble to comply with new regulations on handling customer data.

The $50 million funding round announced by BigID on Thursday (Sept. Read more…

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