Posts tagged Big Data
So many big data and analytics-focused startups are getting funding these days that I’ve been inspired to compile a second slideshow highlighting these companies. This new batch has reined in some $250 million this year as they seek to help organizations make sense of the seemingly endless pool of data going online.
So many big data and analytics-focused startups are getting funding these days that I’ve been inspired to compile a second slideshow highlighting these companies (see “13 Big Data and Analytics Companies to Watch” for the previous collection). This new batch has reined in some $250 million this year as they seek to help organizations more easily access and make sense of the seemingly endless amount of online data.
Headquarters: Redwood City, Calif.
Funding/investors: $9M in Series A funding led by Costanoa Capital and Data Collective.
Focus: Its data accessibility platform is designed to make information more usable by the masses across enterprises. The company is led by former Oracle, Apple, Google and Microsoft engineers and executives, and its on-premises and virtual private cloud-based offerings promise to help data analysts get in sync, optimize data across Hadoop and other stores, and ensure data governance. Boasts customers including eBay and Square.
Headquarters: Menlo Park, Calif. (with operations in India, too)
Funding/investors: $15M in Series B funding led by Scale Venture Partners and Next World Capital, bringing total funding to $23M.
Focus: Data science-driven predictive analytics software for sales teams, including the newly released Aviso Insights for Salesforce. Co-founder and CEO K.V. Rao previously founded subscription commerce firm Zuora and worked for WebEx, while Co-founder and CTO Andrew Abrahams was head of quantitative research and model oversight at JPMorgan Chase. The two met about 20 years ago at the National Center for Supercomputing Applications.
Headquarters: San Francisco
Funding/investors: $156M, including a $65M round in March led by Wellington Management.
Focus: Cloud-based business intelligence and analytics that works across compliance-sensitive enterprises but also gives end users self-service data access. This company, formed by a couple of ex-Siebel Analytics team leaders, has now been around for a while, has thousands of customers and has established itself as a competitor to big companies like IBM and Oracle. And it has also partnered with big companies, such as AWS and SAP, whose HANA in-memory database can now run Birst’s software.
Headquarters: Mountain View
Funding/investors: $39M, including a $20M Series C round led by Intel Capital in August.
Focus: A founding team from VMware has delivered the EPIC software platform designed to enable customers to spin up virtual on-premises Hadoop or Spark clusters that give data scientists easier access to big data and applications. (We also included this firm in our roundup of hot application container startups.)
Headquarters: San Francisco
Funding/investors: $76M, including $40M in Series E funding led by ST Telemedia.
Focus: Big data analytics application for Hadoop designed to let any employee analyze and visualize structured and unstructured data. Counts British Telecom and Citibank among its customers.
Deep Information Sciences
Funding/investors: $18M, including an $8M Series a round in April led by Sigma Prime Ventures and Stage 1 Ventures.
Focus: The company’s database storage engine employs machine learning and predictive algorithms to enable MySQL databases to handle big data processing needs at enterprise scale. Founded by CTO Thomas Hazel, a database and distributed systems industry veteran.
Headquarters: Santa Cruz
Funding/investors: $48M, including a $30M B round in March led by Meritech
Focus: Web-based business intelligence platform that provides access to data whether in a database or the cloud. A modeling language called LookML enables analysts to create interfaces end users can employ for dashboard or to drill down and really analyze data. Founded by CTO Lloyd Tabb, a one-time principal engineer at Netscape, where he worked on Navigator and Communicator. Looker claims to have Etsy, Uber and Yahoo among its customers.
Headquarters: Palo Alto
Funding: $14M, including $11M in Series A funding in May, with backers including Chevron Technology Ventures and Intel Capital.
Focus: Semantic search engine that plows through big data from multiple sources and delivers information in a way that can be consumed by line-of-business application users. The company announced in June that its platform is now powered by Apache Spark. Co-founder Donald Thompson spent 15 years prior to launching Maana in top engineering and architect jobs at Microsoft, including on the Bing search project.
Headquarters: Cambridge, Mass.
Funding/investors: $20M, including $15M in Series B funding led by Ascent Venture Partners.
Focus: This company, which got its start in Germany under founder Ingo Mierswa, offers an open source-based predictive analytics platform for business analysts and data scientists. The platform, available on-premises or in the cloud, has been upgraded of late with new security and workflow capabilities. Peter Lee, a former EVP at Tibco, took over as CEO in June.
Headquarters: Redwood Shores, Calif.
Funding/investors: $10M in Series A funding in March, from Crosslink Capital and .406 Ventures.
Focus: The team behind Informatica/Siperian MDM started Reltio, which offers what it calls data-driven applications for sales, marketing, compliance and other users, as well as a cloud-based master data management platform. The company claims its offerings break down silos between applications like CRM and ERP to give business users direct access to and control over data.
Headquarters: Palo Alto
Funding/investors: $900K in seed funding from investors including Andreessen Horowitz and Formation8.
Focus: A “data science platform for the unstructured world.” Sensai’s offering makes it possible to quantify and analyze textual information, such as from news articles and regulatory filings. The company is focused initially on big financial firms, like UBS, though also has tech giant Siemens among its earlier customers. Two of Sensai’s co-founders come from crowdfunding company Rally.org.
Funding/investors: $13.25M, including a $10M Series A round led by Foundry Group, New Enterprise Associates and Madrona Venture Group
Focus: This iPhone app enables businesses to tap into smartphone users (or “Fives”) to clean up big data in their spare time for a little spare cash. The idea is that computing power alone can’t be counted on to crunch and analyze big data. Micro-tasks include everything from SEO-focused photo tagging to conducting surveys.
Headquarters: Mountain View
Funding/investors: $23M, including $15M in January in Series B funding led by Scale Venture Partners.
Focus: Provides cloud services designed to simplify the collection, storage and analysis of data, whether from mobile apps, Internet of Things devices, cloud applications or other sources of information. This alternative to Hadoop platforms and services handles some 22 trillion events per year, according to the company, which has a presence not just in Silicon Valley, but in Japan and South Korea as well.
Google, Amazon investments in robotics have software robot firm Blue Prism pumped
After agreeing recently to meet with a U.K.-based company called Blue Prism, I started studying up by visiting the outfit’s website, which touts something called robotic automation technology. Imagine my surprise to learn, however, that this really had nothing to do computerized machines, but rather software robots designed to automate repetitive back-office processes in finance, human resources and other areas.
The term software robots is something Blue Prism CEO Alastair Bathgate hopes will become increasingly clear to people though, in part through attention Google is bringing to the topic through its swelling investments in robotics of both the hardware and software variety. He points to Google’s work in the area of software robots to help with people’s use of social media networks, such as by guiding the tone of your posts on LinkedIn vs. Twitter.
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“Google is talking about hardware robots as well as software robots, and if Google is talking about that, it gives me some confidence that we might be on the right track,” says Bathgate, a financial industry veteran who is no one-trick pony (read his wine blog here).
Bathgate adds that the buzz around Amazon’s investments in delivery drones is further bringing robotics talk to the forefront, and he figures that company is likely to invest in software robots to handle back-end processes as well.
What’s more, efforts such as the Institute for Robotic Automation hatched last month by The Outsourcing Institute’s Frank Casale could give software robotics an even higher profile. Some industry watchers, such as Horses for Sources, have dubbed a likely move by organizations to software robots as “Robotistan.”
The 30-employee Blue Prism has been around since 2001 but over the past few years has been marketing its business process outsourcing tools and methodologies using the term “robotic automation” to describe the offloading of mundane tasks from employees so that they can focus instead on customer service and other processes that benefit from a human touch. “There’s a lot of menial work being done by people that shouldn’t be,” Bathgate says. “There’s a lot of work should isn’t being done that should be done by human beings.” He differentiates the sort of tasks Blue Prism can help to automate from those handled by ERP and CRM tools that need to deal with a lot of case-by-case exceptions that are not easily automated.
The company largely sells to lines of business in retail, financial and other industries, though requires IT buy-in given that its software sits on secure virtual machines in back-end data centers or the cloud.
Blue Prism’s technology also holds promise to automate IT-related processes, such as helpdesk requests, and has one partnership in place on that front that it plans to announce next week. “I’m not sure why humans are even involved in service desks, it’s pure rules-based response,” Bathgate says.
Bathgate, who is making the rounds in the U.S. as Blue Prism seeks to grow its presence beyond its Miami office, positions the $5 million company’s technology as an alternative to physical nearshoring and offshoring of tasks and jobs.