wordpress blog stats
Connect with us

Hi, what are you looking for?

Big data firm Qubole raises $13M funding led by Norwest Venture Partners

Data-as-a-service provider Qubole has secured $13 million in a series B financing led by Norwest Venture Partners. This brings the total investment in the company to $20 million. Earlier in 2013, Qubole had got funding from  Light Speed Ventures, Charles River Ventures, Anand Rajaraman, and Venky Harinarayan. The company was also one of the 13 companies incubated by Microsoft Accelerator in 2013. Qubole's founders Joydeep Sen Sarma and Ashish Thusoo had previously develop Apache Hive, Facebook's big data infrastructure. Qubole's flagship product, QDS, runs the Hadoop infrastructure where both developers and non-developers can easily analyze and collaborate with their company's data. QDS gives provides IT organizations the option to use cloud infrastructures such as Google Compute, Amazon Web Services and Azure to provide users with self-service access to data and helps cut capital expenditures for maintaining hardware and support staff. Qubole counts Pinterest, Quora, MediaMath and TubeMogul as its customers. The company also claims that it processes 83 petabytes of data every month and its customers have conducted more than 4.96 million compute hours of data analysis in November on the QDS service. Other developments in big data analytics Earlier in July, Mumbai-based big data analysis firm Peel-Works has secured a $2 million investment from IDG Ventures India and Inventus Capital Partners. In March Mumbai-based big data analytics firm Germin8 has raised $3 million in Series A funding from Kalaari Capital.  Germin8 has developed a product called Explic8 which helps brands analyse conversation aggregated from public sources like social media & news sites and company-owned sources like emails & chats in real-time and…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ