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Tag: Venture Funding

Investors Like Sumo Logic

May 8, 2019 |

Sumo Logic, the machine data analytics vendor, said its most recent funding binge that included two new investors pushed its venture capital total to $345 million over investment six rounds. 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…

Microsoft Invests in Predictive Analytics Vendor

Mar 13, 2017 |

As venture capital investment appears to be zeroing in on specific applications and platforms, modest funding rounds are being reported by software startups focused on areas such as predictive analytics. Read more…

Spark Gains Momentum With Latest Investment

Dec 15, 2016 |

Apache Spark continues to attract data technology investors, with project creators at Databricks announcing completion of another funding round totaling $60 million.

Databricks said Thursday (Dec. 15) the Series C funding round was led by New Enterprise Associates (NEA) and joined by existing investor Andreeson Horowitz. Read more…

Israeli Startup Looks to Ease Hadoop Rollouts

Oct 20, 2014 |

An Israeli big data processing startup said this week it has secured $3 million in early-round funding and will launch its Hadoop-based platform in the U.S.

Tel Aviv-based Xplenty announced Oct. Read more…

Zoomdata Raises $17M

Oct 7, 2014 |

Venture capitalists remain bullish on data analytics startups.

Stream processing engine specialist Zoomdata Inc. said Oct. 6 it has raised $17 million in a Series B funding round led by Accel Partners. Read more…

BI Startup Numerify Raises Another $15M

Sep 24, 2014 |

Cloud business intelligence startup Numerify said Sept. 24 it has raised an additional $15 million in an oversubscribed Series B funding round led by Sequoia Capital. Numerify said it has so far raised more than $23 million in two funding rounds. Read more…

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