Tag: big data analytics

Lacework lands $1.3B to expand its cloud cybersecurity platform

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more Lacework, a developer of automated containerized workload defense and compliance solutions, today announced that it closed a $1.3 billion funding round, valuing the company at over $8.3 billion […]

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Microsoft open-sources SynapseML for developing AI pipelines

Microsoft today announced the release of SynapseML (previously MMLSpark), an open source library designed to simplify the creation of machine learning pipelines. With SynapseML, developers can build “scalable and intelligent” systems for solving challenges across domains, including text analytics, translation, and speech processing, Microsoft says. “Over the past five years, we have worked to improve […]

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Noteable expands analytics tools for programming with new $21M

Noteable, a no-code data visualization platform, today announced that it raised $21 million in a series A round led by Bain Capital Ventures, bringing the Cupertino, California-based startup’s total raised to $24 million with $4 million in seed funding from Wing Venture Capital. Operating in stealth until now, Noteable plans to use the funds to […]

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Alluxio to funnel data to apps across hybrid cloud platforms with $50M

San Mateo, California-based Alluxio, a data orchestration platform, today announced that it raised $50 million in an oversubscribed series C funding round led by an unnamed backer with participation from a16z, Seven Seas Partners, and Volcanics Venture. Leveraging the new tranche, Alluxio plans to expand its presence in the Asia-Pacific region with the opening of […]

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TigerGraph expands its graph data library with 20 new algorithms

TigerGraph, a company that provides a graph database and analytics software, has expanded its data science library with 20 new algorithms, bringing its total to more than 50 algorithms. Graph databases like TigerGraph have become increasingly popular. They are particularly effective at letting data scientists analyze relationships among millions or billions of entities, and they […]

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H2O.ai secures $100M, lands partnership with Australian bank

Mountain View, California-based H2O.ai, which provides a cloud platform for AI system development, today announced that it raised $100 million in a series E round led by Commonwealth Bank of Australia (CBA) with participation from Goldman Sachs, Pivot Investment Partners, Crane Venture Partners, Celesta Capital, and others. It brings H2O’s total raised to over $251 […]

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At Ignite, Microsoft unveils data analytics, server, and DevOps products for Azure

Microsoft today announced new Azure data, analytics, and server features and updates at Ignite, its annual enterprise-focused developer conference. Among other developments, Azure Container Apps is now available in preview alongside SQL Server 2022, while Azure Cosmos DB is gaining several novel, dev-oriented services. Beyond this, new Azure Virtual Machine Scale Sets are making their […]

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Yugabyte expands its fully managed enterprise cloud service with $188M

Yugabyte, the company behind the distributed Structured Query Language (SQL) database YugabyteDB, today announced that it raised $188 million in a series C round, bringing the company’s total raised to $291 million with a $1.3 billion valuation. CEO Bill Cook says that the capital will be used to further grow Yugabyte’s field and engineering teams […]

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AI model development platform Abacus.ai lands $50M

Abacus.ai, a platform creating dev tools to develop and deploy enterprise AI technologies, today announced that it raised $50 million in a series C round led by Tiger Global with participation from Coatue, Index Partners, and Alkeon Ventures. The raise brings the company’s total funding to $90.3 million to date, and CEO Bindu Reddy says […]

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Cloud security and analytics platform Devo raises $250M to bolster R&D efforts

Devo Technology, a startup developing cloud logging and cybersecurity products, today announced that it raised $250 million in a series E funding round valuing the company at $1.5 billion. TCV led the investment along with General Atlantic, Eurazeo, Bessemer Venture Partners, Insight Partners, Georgian, and Kibo Ventures, which brings Devo’s total funds raised to more […]

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Data transformation platform Metrolink.ai raises $22M

Israel- and Palo Alto, California-based Metrolink.ai, which is developing a platform for data management, today announced that it raised $22 million in a seed round led by Grove Ventures with participation from Eclipse Ventures. The company says that it’ll use the funds, which value Metrolink at $65 million post-money, to grow its R&D, marketing, and […]

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Data flow management platform Nexla nabs $12M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Nexla, a San Mateo, California-based collaborative data operations platform, today announced that it raised $12 million in series A funding led by Industry Ventures, with participation from Liberty Global Ventures, Blumberg Capital, Engineering Capital, Storm Ventures, Correlation Ventures, and angel […]

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Google debuts new data-powered cloud analytics products

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Today during its Google Cloud Next 2021 conference, Google unveiled a range of data-focused products including Intelligent Product Essentials and enhancements to Vertex AI, BigQuery, Contact Center AI (CCAI), and DocAI. The new analytics and industry solutions are designed to […]

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Databricks acquires 8080 Labs to bolster its low-code offerings

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Databricks today announced a startup company acquisition to bolster its platform for big data analytics. With the purchase of German tech firm 8080 Labs, the Frankfurt-based operation behind the low- and no-code code data analysis tool Bamboolib, […]

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In-memory computing startup NeuroBlade nabs $83M in funding

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! NeuroBlade, a company developing an in-memory inference chip for datacenters and edge devices, today announced that it raised $83 million in a funding round led by Corner Ventures and Intel Capital with participation from StageOne Ventures, Grove Ventures, Marius Nacht, […]

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Streaming database platform provider Materialize lands $60M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Materialize, a company developing a streaming structured query language (SQL) database platform, today announced that it raised $60 million in series C funding, bringing the company’s total raised to more than $100 million. Redpoint Ventures contributed the capital with participation […]

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Speedata’s chip for analytics workloads gets a $55M boost

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Speedata, a semiconductor infrastructure company developing hardware accelerators for analytics and databases, today announced that it raised $55 million in a series A round led by Walden Catalyst Ventures, 83North, and Koch Disruptive Technologies, with participation from Pitango First, Viola […]

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Data observability platform Acceldata nabs $35M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Data observability platform Acceldata today announced that it raised $35 million in a series B round led by Insight Partners, with participation from March Capital, Lightspeed, Sorenson Ventures, and Emergent Ventures. The proceeds bring the company’s total raised to $46 […]

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