This Week in Big Data: VCs, Cloud All Over the Place
This past week featured a big push into the cloud by Kognitio, new from Fujitsu and Datameer and a couple of funding rounds. We can start with those.
Clustrix offers database appliances that run the company’s distributed database on hardware that, among other things, includes a lot of flash. This combo makes for a big data solution that’s easy to setup and easy to maintain, and thanks to that Clustrix is now worth $6.75 million more than just earlier this month. Sequoia Capital, USVP, and ATA Ventures all chipped in, raising the amount of capital that the company received since its foundation to almost $20 million.
Clustrix had reason to celebrate in the past few days, and so did Echo Nest – 17.3 million reasons to celebrate. The company focuses on the media industry, and provides brands like VEVO, Spotify and the BBC with data and tools that identify the content that their users want to listen to or watch. More recently Echo Nest added a product to its portfolio that can help connect users with similar tastes.
Moving on to the news from Kognitio, the firm made its analytics platform available on Amazon Web Services for an hourly fee. It’s not the first company in this particular industry that decided to commit to the cloud by extending its solution to AWS, but it’s a milestone development nonetheless for not only Kognitio but also the entire big data trend.
Lastly, Datameer announced this week that it has entered into an agreement with Fujitsu to bundle its BI software with a new integrated hardware offering that manufacturer will be selling in Japan. The sales pitch is that the solution can enable business users to access results calculated by Fujitsu’s appliance directly via the interface that Datameer provides.
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