Big Data Review : Massive Funding, Launches + New Gigs
The past week brought big news for Big Data, with two firms securing multi-million dollar funding rounds, and Google rolling out new features to BigQuery. In addition, 10gen enhanced its flagship NoSQL database and Sqrrl hired a new CEO to help accelerate its growth.
MapR, a leading Hadoop distributor, received $30 million in series C financing from Mayfield Fund, Lightspeed Venture Partners, NEA and Redpoint Ventures. A couple days later Concurrent raised $4 million from True Ventures and Rembrandt Venture Partners in its first round of funding.
Concurrent is the company behind Cascading, a Java framework that helps enterprise developers embed intelligence and data management capabilities into their apps. The open-source library and runtime simplify development by taking MapReduce out of the Hadoop equation.
Google also had big news last week. The company rolled out new functionality to BigQuery, its on-demand cloud analytics service. New features include Big Join, an SQL interface, support for Timestamp data, and Big Data Aggressions – a tool that enables users to perform groupings on large numbers of distinct values.
Earlier, Google upgraded its analytics-as-a-service offering, NoSQL leader 10gen launched new versions of its flagship database and commercial offering. MongoDB 2.4 ships with extended support for geospatial data, a native search engine and several other additions that are also included in MongoDB Enterprise. The latter features a number of additional components, such as a network monitoring panel and a tool that blocks admins from accessing systems they are not responsible for maintaining.
The final notable update from last week was the appointment of Mark Terenzoni as Sqrrl’s new chief executive officer. The executive joins the emerging Hadoop security startup from F5 Networks, where he headed the Traffix business unit.
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