Datameer Secures $9.25M in Series B Financing
Summary
Datameer, Inc., a San Mateo, Calif.-based provider of end-user analytics solutions built on Apache Hadoop, has secured $9.25m in Series B financing.Datameer intends to use the funds to expand its sales, engineering and marketing teams.Founded in 2009 and led by CEO Stefan Groschupf, Datameer provides a packaged business intelligence solution for Apache Hadoop, which is designed to to help business users access, integrate and analyze massive amounts of structured and unstructured data.Customers include organizations across financial services, retail, telecommunications, government and new media sectors.In conjunction with the funding, Ellen Pao, partner at Kleiner Perkins Caufield & Byers, wil join the board of the company.
Funding
Amount
$9.3M
Total raised
Date
May 16, 2011
Announcement date
Investors
Redpoint Ventures
Lead investors
Company
http://www.datameer.com
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
Business Analytics Software
Data Transformation Software
Cloud Data Integration
Linked Companies
Datameer
$10M to $25M