Incorta, a San Mateo, CA-based hyperconverged analytics software company, raised $15m in Series B funding.
Backers included M12, Microsoft’s venture fund (formerly Microsoft Ventures), and Telstra Ventures.
This funding brought the round total to $30M.
Led by CEO Osama Elkady, Incorta provides a hyperconverged analytics software platform for IT to deliver new reports within minutes and for business to feed data curiosity by conducting real-time conversations with their data to make accurate and timely decisions.
Incorta is currently deployed and powers analytics for some of the world’s largest and fastest-growing companies.
The round coincides with the company’s Fall ’18 product release, which makes the platform horizontally scalable for any volume of data without the need for partitioning, performance tuning or query optimization.
FinSMEs
18/10/2018