altusInsight Receives Investment from High-Tech Gründerfonds
Summary
altusInsight GmbH, a Berlin, Germany-based provider of a cloud-based Big Data solution, received an investment from High-Tech Gründerfonds Management.Led by Christian Richter, managing director, altusInsight is advancing LambdaNow, a cloud-based Big Data solution tha facilitates the handling of large amounts of data.The product, which can be used in public and in private cloud environments, will soon be available as a SaaS to the general public.The already functional part regarding Hadoop deployment has been in use as an enterprise edition in the telecommunication sector for over a year now.Besides developing software tools, the company also offers consulting services regarding the introduction and installation of big data solutions for customers from different sectors (e.g. telecommunication, marketing, consumer electronics).