Pepperdata Raises $5M in Funding to Deliver Predictability, Capacity, and Visibility for Hadoop

Funding Rounds

▤ Summary

SAN FRANCISCO, April 29, 2014 /PRNewswire/ -- Pepperdata (www.pepperdata.com , a software company that delivers predictability, capacity, and visibility for Hadoop, announced today it has raised $5M in Series A financing led by Signia Venture Partners and Webb Investment Network. Pepperdata software is already helping a number of customers, including some of the worlds largest internet and software-as-a-service companies, optimize large-scale Hadoop clusters with over a thousand nodes. With Pepperdatas software, customers are able to run multiple applications on one cluster, achieving more efficient capacity utilization, predictability, and quality of service for their Hadoop infrastructure. "Sean and Chad have built a world-class technical team who understand the challenges with Hadoop better than anyone -- they were the first ones to run a business on it," said Ed Cluss, Partner at Signia Ventures and Board Member at Pepperdata. Our team is made up of proven entrepreneurs with a track record of success and experience at every stage of growth and with a hands-on approach to technology investing.

$ Funding

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Amount $5.0M Total raised
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Date April 29, 2014 Announcement date
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Investors AME Cloud Ventures, Signia Venture Partners, Webb Investment Network (WIN), Morado Venture Partners Lead investors
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Company http://www.pepperdata.com Funded company

▥ Classifications

industries
HealthTech
applications
Data Management

◇ AskAI Classifications

Labels
Cloud Cost Optimization Software SaaS Big Data Analytics Optimization

▦ Linked Companies

Pepperdata Inc.
$1M to $5M