big data
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Rumors were flying all day yesterday that Twitter is up for sale, and Salesforce.com could be a chief suitor. At this point, with so many possible bidders being reported, it’s hard to know what’s going to happen (if anything). But the big question for many is why Salesforce would even be interested in the consumer-facing social network. While nobody could say with certainty that… Read More
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French-American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-$17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54 percent on its IPO price, giving the company an implied valuation of $537 million. However, in the immediate hour after opening, the… Read More
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Big Data by all accounts is supposed to help humans perform better by augmenting our limited brain power. Computers, after all, have the ability to crunch data with lightning speed, something humans just haven’t been built to do. Conventional tech wisdom states that the more data you have, the better the outcome — even if that sounds counter-intuitive. That’s the thinking… Read More
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For many businesses, ownership of the Internet of Things lies within a number of C-suite titles. But IoT demands an interdisciplinary approach, whether the desired outcome is to streamline internal processes, introduce new customer experiences or uncover new revenue. This requires collaboration among multiple business units, some of which traditionally work independently from each other. Read More
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London-based startup Beamery, formerly known as Seed.Jobs, has raised $2 million in a seed round from Edenred Capital Partners and Grupa Pracuj, a human resources tech firm. Beamery makes software that helps recruiters or employers identify, get connected to and nurture relationships with prospective hires, long before they apply for a job. The company’s client roster includes employers… Read More
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Cray has always been associated with speed and power and its latest computing beast called the Cray Urika-GX system has been designed specifically for big data workloads. What’s more, it runs on OpenStack, the open source cloud platform and supports open source big data processing tools like Hadoop and Spark. Cray recognizes that the computing world had evolved since Seymour Cray… Read More
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French startup Shift Technology just raised a $10 million Series A round from Accel, with existing investors Elaia Partners and Iris Capital also participating. Shift Technology uses big data and machine learning to detect patterns of fraudulent insurance claims. This way, insurance companies can save money. Read More
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Altiscale, a company that has always been about reducing the complexity related to using Hadoop, has taken that to the next level today with the release of Altiscale Insight Cloud, a cloud service aimed at making Hadoop accessible to business users.
Altiscale Insight Cloud provides services for data ingestion, processing, analysis and visualization. That includes the ability to… Read More
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Alooma, an Israeli startup that helps companies process and work with big data in real time delivered as a cloud service, announced an $11.2 million Series A round today led by Lightspeed Venture Partners and Sequoia Capital. The product focuses on the people working with data like data scientists and end users with advanced degrees in mathematics and machine learning, rather than… Read More
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