
Tag: venture capital
If a picture is worth 1,000 words, then how much is a rich, interactive data visualization worth? If you’re Observable, the San Francisco startup founded by the creator of D3.js and a VP of engineering at Google, then the number starts at 10.5 million. Read more…
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…
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…
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…
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…
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…
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 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…
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, 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…