Cazena Raises $20M in Series B Funding

Cazena-LogoCazena, a Waltham, Mass.-based provider of an enterprise Big Data-as-a-Service platform that can move and optimize big data processing in the cloud, raised $20m in Series B funding.

The round was led by Formation 8, with participation from current investors Andreessen Horowitz and North Bridge Venture Partners.

Led by Prat Moghe, founder and CEO, Cazena is launching three Big Data-as-a-Service solutions that address a broad range of analytic workloads: Data Lake-as-a-Service, Data Warehouse-as-a-Service and Sandbox-as-a-Service.
Its managed service platform provisions, optimizes and continually manages cloud infrastructure and data technologies (Hadoop, MPP SQL, Spark, etc.) to guarantee workload SLAs; moves data efficiently and runs analytic workloads in the cloud, with connectors for enterprise tools and data sources; and integrates an encrypted data cloud into the enterprise using security, governance and compliance controls.
After two years of development, the company’s Big Data-as-a-Service is now in beta with leading enterprises across several verticals. At launch, Cazena is also announcing a platform partnership with Cloudera, the enterprise analytic data management platform powered by Apache Hadoop™, to power its enterprise-class data lake as a service solution.

FinSMEs

22/07/2015

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