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Tag: venture capital

Grafana Labs Visualizes Growth with $50M Round

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 Read more…

Explorium Platform Billed as App Store for Predictive Models

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 ap Read more…

Staying On Top of ML Model and Data Drift

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. But there are also a Read more…

Couchbase Nabs $105M as it Readies Cloud Offering

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. While gunning for cloud NoSQL supremacy, the Read more…

Dremio Preps for Growth with $70M in the Bank

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 Read more…

Is the Tech Boom Over?

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  -- is now coming t Read more…

Anyscale Emerges from Stealth with Plan to Scale Ray

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 every Read more…

AIOps Startup with ‘Open’ Emphasis Raises Cash

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 Read more…

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

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 Read more…

Data Privacy Startup Attracts Investors

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 Thursd Read more…

VC Funding for AI Slows, But Don’t Expect Another AI Winter Just Yet

AI firms attracted a record $9.33 billion in investments from venture capital firms in 2018, which was nearly a 10% increase from 2017. So far this year, AI funding has dipped a bit, but that doesn't mean another AI wint Read more…

Streamsets Gets $35M for DataOps

StreamSets, which bills itself as the "air traffic control" tasked with preventing collisions from occurring with big data, today announced that it raised $35 million, which it will use to continue building its data oper Read more…

MemSQL Gains Traction, New Investors

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. The hybrid SQL databas Read more…

Inside One VC Firm’s Hands-On Approach to AI

There's no shortage of tech entrepreneurs taking venture capital money to turn their artificial intelligence ideas into AI reality. These startups typically fill up at the VC spigot and go back to their offices to build Read more…

Lucidworks Puts AI at the Heart of Customer Experience

Machine learning and artificial intelligence are key to delivering high-level experiences that customers now expect, according to Lucidworks CEO Will Hayes, who says it's capable of delivering Google-like experiences as Read more…

VC Firms Invest Heavily in AI, Pushing Hype Bubble Bigger

Venture capital firms invested record amounts of money into artificial intelligence last year, according to the latest PwC/CB Insights MoneyTree Report, which tracks global VC investments across all industries. As the hy Read more…

Data Mapping Approach Gains More Funding

The need for speed in aggregating data from different sources is attracting the attention of technology investors who are looking for new approaches to mapping structured and unstructured data in real time and at scale w Read more…

AI Investments Surge

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. PricewaterhouseCo Read more…

Data Governance Startup Gains Funding

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, dat Read more…

What Does the VC Investment Slowdown Mean for Big Data?

The overall pace of investments by venture capitalists slowed over the first six months of the year, according to new report issued last week. While the software industry as a whole did well, the number of investments in Read more…

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