Arcadia Data, a San Mateo, Calif.—based provider of visual analytics software native to Apache Hadoop® and the cloud, raised $15m in Series B funding.
The round, which brought total equity raised to $27m, was led by Pelion Venture Partners with participation from existing investors Intel Capital, Mayfield Fund, and Blumberg Capital.
The company intends to use the funds to accelerate global organizational expansion, go-to-market strategies, and continue to focus on product innovation.
Led by Sushil Thomas, CEO and co-founder, Arcadia Data provides a visual analytics and BI platform native to big data for business users to discover and productionize real-time insights. Its flagship product, Arcadia Enterprise, was built from inception to run natively within big data platforms, in the cloud and/or on-premises, to streamline the self-service analytics process on data in Apache Hadoop®, Apache Spark®, Apache Kafka®, and Apache Solr®.
It enables real-time, high-definition insights in use cases like data lakes, cybersecurity, connected IoT devices, and customer intelligence.
Arcadia Enterprise is deployed by leading brands such as Citibank, Cisco, HPE, Kaiser Permanente, Komatsu, NHL, Nokia, Nordea, Procter & Gamble, Turner Broadcasting, Pizza Hut, and the USDA.
FinSMEs
02/10/2018