Arcadia Data, a San Mateo, CA-based provider of a unified visual analytics and business intelligence (BI) platform for big data, raised $11.5m in Series A funding.
The round was led by Mayfield, with participation from Blumberg Capital and Intel Capital.
The company intends to use the funds to expand its portfolio of products, to build out a community of users, and to double the size of the product development, sales and marketing teams by the end of the year.
Led by Sushil Thomas, CEO, Arcadia Data provides a converged analytics platform that allows enterprises to run Hadoop to build apps with drag-and-drop tools and get accelerated access to all of their data. While it is optimized for Hadoop, users can also build apps across other data sources including MySQL, Oracle and Teradata.
The company just announced Arcadia Instant, a downloadable version of the visual analytics portion of the Arcadia platform, and that its enterprise offering, Arcadia Enterprise, is in limited release and will be fully available in late 2015.
FinSMEs
09/06/2015