Pepperdata Secures more than $15M in Venture Capital

Funding Rounds

▤ Summary

Pepperdata, a Sunnyvale, California-based Hadoop cluster optimization software, secured more than $15m in venture capital financing.In conjunction with the funding, Peter Wagner, Founding Partner of Wing, joined the board of Pepperdata.The company, which has now raised $20m in total, intends to use the funds to expand the global reach and presence of its sales and marketing operations, and accelerate product innovation to support applications beyond traditional Hadoop.Led by Sean Suchter, CEO and co-founder, Pepperdata allows enterprises across a range of industries, including consumer electronics, media, finance, telecommunications, and energy to optimeze Hadoop clusters in real-time.Pepperdata installs on existing clusters and works with any Hadoop distribution, including Cloudera, Hortonworks, IBM, MapR, and Apache.

$ Funding

$
Amount $15.0M Total raised
□
Date April 16, 2015 Announcement date
◎
Investors Wing Venture Capital, Signia Venture Partners, Citi Ventures, Morado Venture Partners Lead investors
▥
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