{"id":402,"date":"2015-08-28T07:28:41","date_gmt":"2015-08-28T04:28:41","guid":{"rendered":"http:\/\/kusuaks7\/?p=7"},"modified":"2024-09-23T09:07:37","modified_gmt":"2024-09-23T09:07:37","slug":"latest-big-data-funding-rounds-july-1-mapr-couchbase-kreditech-crowdtwist","status":"publish","type":"post","link":"https:\/\/www.experfy.com\/blog\/consumer-tech\/latest-big-data-funding-rounds-july-1-mapr-couchbase-kreditech-crowdtwist\/","title":{"rendered":"Latest Big Data Funding Rounds (July 1): MapR, Couchbase, Kreditech, CrowdTwist, Keen IO"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tHere are the latest big data funding rounds.<\/em>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tMapR<\/a>\u00a0<\/strong>was just rewarded a hefty $110 million in capital funds. Google Capital led the $80-million equity funds part; with participation from Qualcomm Ventures and existing investors Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures. Silicon Valley Bank led the remainder $30-million debt funds.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\nMapR plans to invest the newly raised funds in expanding MapR\u0092s big data and analytics segment. MapR also wants to help the enterprise customers leverage big data for business gains. According to the company, bookings tripled in Q1 2014 over 2013.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tMapR offers plans to extend its current Hadoop-based technologies to support security, disaster recovery, and data protection services. Gene Frantz, general partner at Google Capital, commented that\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tMapR helps companies around the world deploy Hadoop rapidly and reliably, generating significant business results. We led this round of funding because we believe MapR has a great solution for enterprise customers, and they\u0092ve built a strong and growing business.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tMapR announced Frantz\u0092s pending induction into the company\u0092s board of directors as a natural part of this investment agreement. MapR\u0092s business footprint has crossed over financial services, health care, media, retail and sectors.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tBack in March of 2013, the company reportedly raised $30 million capital funds in a Series C round. The latest financing round brings MapR\u0092s total venture funding to approximately $170 million.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tCouchbase<\/a><\/strong>, one of the biggest among the new entrants in database ecosystem, has added another $60 million in its investment pot\u0097taking the company\u0092s total capital funds to $115 million. WestSummit Capital, the Silicon Valley venture capitalist led this Series E round, with participation from Accel Growth Fund and other current investors.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tCouchbase plans to use the money for expanding in China, where both the Web and mobile apps have already picked up a significant user base.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tCouchbase belongs to the same category as\u00a0Datastax Inc. which received about $84 million, and\u00a0Mongo DB, which managed to acquire more than $231 million at a valuation of more than $1 billion. All three companies mentioned they plan to go public.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tYou are seeing the leaders separate\u0085and we will continue to distance ourselves from the rest of the pack, Chief Executive Bob Wiederhold said. It becomes more difficult for others not able to make these kinds of investments to keep up.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tCouchbase’s CEO believes that scalability and performance are where the company shines. Couchbase has also focused its business attention on the growth of its mobile offering, which enables users to sync data between their mobile devices and the cloud. As part of the new funding agreement, WestSummit Managing Partner Raymond Yang joins Couch base\u0092s board.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tSome smaller database companies have also raised funds recently.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tKreditech<\/strong><\/a>, a credit rating startup\u00a0r<\/strong>aises $40M in a Series B venture capital round. <\/strong>This funding round was led by V<\/strong>\u00e4rde Partners, with participation from Blumberg Capital, Point Nine Capital, and other investors. In January this year<\/a>, the company received $15 million in debt financing from Kreos Capital.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe company was founded in 2012 and offers its services to clients in Russia, Czech Republic, Poland, Spain, Mexico, Australia, and Peru. This Germany-based big data and machine learning company utilizes publicly available data to assess an individual\u0092s credit-worthiness. Kreitech also offers micro-loans to costumers based on available social and commerce data; and claims to have approved more than 1.5 million individual loans within the last 20 months.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe company’s real time credit scoring service is based on open-source records such as social networks and e-commerce records. Kreditech sells its research data to retailers for credit verification or fraud detection.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tBetween 2012 and 2013, Kreditech raised $25M funding.\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tCrowdTwist<\/a><\/strong>, a Manhattan-based SaaS intelligence data platform, just raised $9 million in venture capital. StarVest Partners led this round, with participation from Fairhaven Capital and SoftBank Capital. The company has raised $20 million in total capital funds till date.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tLaunched in 2009, this SaaS company collects data intelligence, and then conducts analytics to help the clients understand their customers buying behavior. As businesses thrive on information about their customers spending behavior, this data intelligence market has huge prospects. The company\u0092s current list of customers includes\u00a0VIZIO, Pepsi, Zumiez, and Purina.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tKeen IO<\/a><\/strong>, a customs analytics startup, has raised $11.3 million in Series A funding led by Sequoia with participation from existing investors Pelion, Rincon, Cloud Power Capital, and Morris Wheeler. Keen IO allows customers to gather, store, and visualize data from any source, so businesses don\u0092t have to build their own analytics infrastructure. Founded in 2011 and based in San Francisco, Keen IO has seen a 300 percent in data volume this year alone, and will use the new cash to fund additional marketing and continued product development.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Here are the latest big data funding rounds. MapR\u00a0was just rewarded a hefty $110 million in capital funds. Google<\/p>\n","protected":false},"author":11,"featured_media":14649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[196],"tags":[137],"ppma_author":[1606],"class_list":["post-402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-tech","tag-venture-capital"],"authors":[{"term_id":1606,"user_id":11,"is_guest":0,"slug":"cameron-turner","display_name":"Cameron Turner","avatar_url":{"url":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2024\/09\/cameron.jpeg","url2x":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2024\/09\/cameron.jpeg"},"user_url":"","last_name":"Turner","first_name":"Cameron","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/comments?post=402"}],"version-history":[{"count":4,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/402\/revisions"}],"predecessor-version":[{"id":36990,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/402\/revisions\/36990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media\/14649"}],"wp:attachment":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media?parent=402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/categories?post=402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/tags?post=402"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}