Datameer, Inc., a San Mateo, Calif.-based provider of end-user analytics solutions built on Apache Hadoop, has secured $9.25m in Series B financing.
The round was led by new investor Kleiner Perkins Caufield & Byers (KPCB), with participation from existing investor Redpoint Ventures.
Datameer intends to use the funds to expand its sales, engineering and marketing teams.
Founded in 2009 and led by CEO Stefan Groschupf, Datameer provides a packaged business intelligence solution for Apache Hadoop, which is designed to to help business users access, integrate and analyze massive amounts of structured and unstructured data. Customers include organizations across financial services, retail, telecommunications, government and new media sectors.
In conjunction with the funding, Ellen Pao, partner at Kleiner Perkins Caufield & Byers, wil join the board of the company.
FinSMEs
17/05/2011